Water rights issues in agricultural lending

Steven L Shropshire

American Bankers Association, 2002, vol. 15, issue 2

Abstract: An agricultural loan application requires a lender to evaluate both the risk of default and the value of the collateral needed to secure the loan. In the case of agricultural loans secured by the underlying property, a lender is frequently looking at the same set of assets in both evaluations. An analysis looks at water rights, one of the most important but frequently overlooked assets.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 2002
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