ARM 4.14.303

ARM 4.14.303. LOAN MAXIMUMS

SupersededLast amended: 2001Length: 65 wordsOfficial source

Cite as Mont. Admin. R. 4.14.303

(1) Maximum amounts which may be loaned to a beginning farmer/rancher are: (a) No more than an aggregate of $250,000 may be used to purchase agricultural land, agricultural improvements and depreciable agricultural property; and (b) Of the amount specified in (1) (a) , no more than $125,000 can be used for depreciable agricultural property of which no more than $62,500 can be for used property.
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