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Texas Constitution:Article III, Section 49-f (view source)
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{{DISPLAYTITLE:Article III, Section 49-f of the Texas Constitution (''<small>"Bonds for Assistance to Purchase Land and for Rural Development"</small>'')}}{{Texas Constitution|text=As amended November 7, 1995: | {{DISPLAYTITLE:Article III, Section 49-f of the Texas Constitution (''<small>"Bonds for Assistance to Purchase Land and for Rural Development"</small>'')}}{{Texas Constitution|text=As amended November 7, 1995: | ||
'''(a) The Legislature by general law may provide for the issuance of general obligation bonds of the | '''(a) The Legislature by general law may provide for the issuance of general obligation bonds of the State, the proceeds of which shall be used to make loans and provide other financing assistance for the purchase of farm and ranch land.''' | ||
'''(b) Except as provided by Subsection (g) of this section, all money received from the sale of the bonds shall be deposited in a fund created with the Comptroller of Public Accounts to be known as the Farm and Ranch Finance Program Fund. This fund shall be administered by the Texas Agricultural Finance Authority in the manner prescribed by law.''' | '''(b) Except as provided by Subsection (g) of this section, all money received from the sale of the bonds shall be deposited in a fund created with the Comptroller of Public Accounts to be known as the Farm and Ranch Finance Program Fund. This fund shall be administered by the Texas Agricultural Finance Authority in the manner prescribed by law.''' | ||
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|seo_title=Article III, Section 49-f of the Texas Constitution ("Bonds for Assistance to Purchase Land and for Rural Development") | |seo_title=Article III, Section 49-f of the Texas Constitution ("Bonds for Assistance to Purchase Land and for Rural Development") | ||
|seo_keywords=Article 3 Section 49-f, | |seo_keywords=Article 3 Section 49-f, development bonds, debt authorization | ||
|seo_description=The | |seo_description=The Legislature may provide for the issuance of bonds to assist the purchase of farm and ranch land.''' | ||
|seo_image=Texas_Constitution_of_1876_Article_3.jpg | |seo_image=Texas_Constitution_of_1876_Article_3.jpg | ||
|seo_image_alt=Article III: Legislative Department | |seo_image_alt=Article III: Legislative Department | ||