§ 773.7 - Loan uses.

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Loan funds may be used for any of the following purposes related to the production or marketing of apples:

Payment of costs associated with reorganizing a farm to improve its profitability;

Payment of annual farm operating expenses;

Purchase of farm equipment or fixtures;

Acquiring, enlarging, or leasing a farm;

Making capital improvements to a farm;

Refinancing indebtedness;

Purchase of cooperative stock for credit, production, processing or marketing purposes; or

Payment of loan closing costs.