» six members appointed by the governor

(A)  two persons who are representatives of agriculture related entities, including rural chambers of commerce, foundations, trade associations, institutions of higher education, or other entities involved in agricultural matters;

(B) two persons who represent young farmers or ranchers and the interests of young farmers or ranchers; and

(C)  two persons who each operate a family farm or ranch in this state.

 » Establish rules for governing the:

- Agricultural Loan Guarantee Program (ALG)

- Interest Rate Reduction Program 

- Agricultural Economic Development Programs

- Agriculture Grant Program 

» Establish selection criteria for grant applications, lenders and borrowers.

» Perform annual audits of TAFA financial records and accounts.