As used in this chapter, "loan agreement" means an agreement providing for:
- (1) the corporation, or a lender with which the corporation has contracted, to loan the proceeds derived from the issuance of bonds by the authority to one (1) or more contracting parties to be used for agriculture or agricultural enterprises or rural development projects; and
- (2) the repayment of the loan by the contracting party or parties.
As added by P.L.162-2007, SEC.26.