Tex. Agric. Code Section 58.012
Board of Directors


(a)

The authority is governed by a board of directors composed of the commissioner of agriculture, the director of the Institute for International Agribusiness Studies at Prairie View A&M University, and nine members appointed by the commissioner. Members of the board must be appointed in the numbers specified and from the following categories:

(1)

one person who is an elected or appointed official of a municipality or county;

(2)

four persons who are knowledgeable about agricultural lending practices;

(3)

one person who is a representative of agricultural businesses;

(4)

one person who is a representative of agriculture related entities, including rural chambers of commerce, foundations, trade associations, institutions of higher education, or other entities involved in agricultural matters; and

(5)

two persons who represent young farmers and the interests of young farmers.

(b)

The appointed members of the board serve staggered terms of two years, with the terms of four members expiring on January 1 of each even-numbered year and the terms of five members expiring on January 1 of each odd-numbered year.

(c)

Any vacancy occurring in an appointed position on the board shall be filled by the commissioner for the unexpired term.

(d)

Repealed by Acts 2003, 78th Leg., ch. 285, Sec. 31(2).

(e)

A board member is not entitled to compensation for serving as a director but is entitled to reimbursement for actual and necessary expenses incurred in performing the official duties of office.

(f)

Appointments to the board shall be made without regard to the race, color, disability, sex, religion, age, or national origin of the appointees.

(g)

Notwithstanding Subsection (f), age may be considered by the commissioner in making appointments under Subsection (a)(5).
Added by Acts 1987, 70th Leg., 2nd C.S., ch. 32, art. 2, Sec. 1, eff. Oct. 20, 1987. Amended by Acts 1991, 72nd Leg., ch. 456, Sec. 1, eff. Sept. 1, 1991; Acts 1993, 73rd Leg., ch. 538, Sec. 1, eff. Jan. 1, 1994; Acts 1995, 74th Leg., ch. 419, Sec. 1.12, 5.11, eff. Sept. 1, 1995; Acts 2003, 78th Leg., ch. 285, Sec. 31(2), eff. Sept. 1, 2003.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 506 (S.B. 1016), Sec. 1.05, eff. September 1, 2009.

Source: Section 58.012 — Board of Directors, https://statutes.­capitol.­texas.­gov/Docs/AG/htm/AG.­58.­htm#58.­012 (accessed Apr. 29, 2024).

58.001
Short Title
58.002
Definitions
58.003
Venue
58.011
Creation of Authority
58.012
Board of Directors
58.013
Officers
58.014
Meetings
58.015
Administration
58.016
Fiscal Accounting of Administration
58.017
Performance Measures
58.021
Purposes of Authority
58.022
Powers of Authority
58.023
Programs Rules
58.024
Authority Exemption from Taxation
58.025
Public Hearings
58.026
Limitation of Liability for Certain Recreational Activities
58.031
Issuance of General Obligation Bonds
58.032
Texas Agricultural Fund
58.033
Issuance of Revenue Bonds
58.034
General Provisions Relating to Bonds
58.035
Refunding Bonds
58.036
Payment Enforceable by Mandamus
58.037
Bonds as Investments
58.038
Tax Status of Bonds
58.039
Review Board
58.040
Considerations in Financing
58.041
Issuance of Debt by Texas Public Finance Authority
58.051
Definitions
58.052
Agricultural Loan Guarantee Program
58.053
Application for Loan Guarantee
58.054
Board Consideration of Loan Guarantee Application
58.055
Default
58.056
Money for Loan Guarantee Program
58.071
Definitions
58.072
Young Farmer Interest Rate Reduction Program
58.073
Compliance
58.074
State Liability Prohibited
58.075
Limitations in Program
58.091
Grant Program
58.092
Eligibility
58.093
Amount of Grants
58.094
Applications
58.095
Funding
58.0171
Review of Department Plans and Budget Request
58.0172
Board Conflict of Interest
58.0173
Removal of Board Member
58.0174
Standards of Conduct
58.0175
Separation of Responsibilities
58.0176
Board Member Training
58.0177
Appointed Member Preparation Program
58.0211
Loan Limits

Accessed:
Apr. 29, 2024

§ 58.012’s source at texas​.gov