By: Fraser S.B. No. 1753 Line and page numbers may not match official copy. Bill not drafted by TLC or Senate E&E. A BILL TO BE ENTITLED AN ACT 1-1 relating to the linked deposit program. 1-2 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-3 SECTION 1. Subsection (c) Section 44.007, Agriculture Code, 1-4 is amended to read as follows: 1-5 Sec. 44.007. (c) In order to participate in the linked 1-6 deposit program, an eligible lending institution may solicit loan 1-7 applications from eligible borrowers. An eligible lending 1-8 institution is not disqualified from participating in the linked 1-9 deposit program if a board member is an officer, director, or 1-10 employee of the lending institution. 1-11 SECTION 2. The importance of this legislation and the 1-12 crowded condition of the calendars in both houses create an 1-13 emergency and an imperative public necessity that the 1-14 constitutional rule requiring bills to be read on three several 1-15 days in each house be suspended, and this rule is hereby suspended, 1-16 and that this Act take effect and be in force from and after its 1-17 passage, and it is so enacted.