Agricultural Finance Authority

Commission Details

Board Website 
Board Website
Long Name 
North Carolina Agricultural Finance Authority
Department 
Agriculture
Governor Appointments 
3
Total Board Positions 
10
Cite Name 
N.C. Gen. Stat.
Cite Number 
§ 122D-4
Ethics 
Yes
Term Length 
3 Years - 2 consecutive
Purpose 
Empowered to alleviate the severe shortage of capital and credit available at affordable interest rates for investment in agriculture and for export of agricultural products, commodities and services by providing such capital and credit at interest rates within the financial means of persons and businesses engaged in agriculture and agricultural exports. **SENATE BILL 823 (1) Make clarifying, conforming, and technical amendments; (2) modify environmental reporting requirements, (3) abolish obsolete and inactive councils; (4) extend by one year the time for the development of permanent rules related to water conservation pursuant to section 3 of S.L. 2002-167; (5) provide for staggered terms for the members of the Agricultural Finance Authority, to make appointments to the authority, and specify the maximum number of successive terms that members of the authority may serve and (6) prohibit the sale or dispensing of raw milk, and to provide for filling in legislative appointments in certain circumstances.

Current Members


Member Name 
Appointment Date 
Term End Date 
Term Type 
Requirements 
Phillip C. Farland 12/11/20176/30/2020LimitedAt-large
Keith Beavers 11/17/20187/1/2021LimitedAt-large
Howard L. Williams 12/5/20187/1/2021LimitedAt-large


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