§ 5063.23. Borrower eligibility criteria
Oklahoma Statutes AnnotatedTitle 74. State Government
74 Okl.St.Ann. § 5063.23
§ 5063.23. Borrower eligibility criteria
To be eligible for the Beginning Agricultural Producer Pool provided for in Section 695.24 of Title 62 of the Oklahoma Statutes, a borrower must:
4. Have a total net worth, including total assets minus total liabilities of the borrower's spouse and dependents, of less than Two Hundred Thousand Dollars ($200,000.00) in 1992 and an amount in subsequent years determined by multiplying Two Hundred Thousand Dollars ($200,000.00) by the cumulative inflation rate in years subsequent to 1992 as determined by the United States All-Items Consumer Price Index;
Credits
Laws 1993, c. 233, § 3, eff. July 1, 1993.
74 Okl. St. Ann. § 5063.23, OK ST T. 74 § 5063.23
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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