ARM 4.14.303. LOAN MAXIMUMS

(1) Maximum amounts which may be loaned to a beginning farmer/rancher are: (a) No more than an aggregate of $450,000 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.