In this subchapter:
- (1) "Corporation" means a business development corporation organized under this subchapter.
- (2) "Financial institution" means a banking corporation or trust company, savings and loan association, governmental agency, insurance company, or related corporation, partnership, foundation, or other institution engaged primarily in lending or investing funds.
- (3) "Loan limit" means the maximum amount permitted to be outstanding at one time on loans made by a member to a corporation.
- (4) "Member" means a financial institution authorized to do business in this state that undertakes to lend money to a corporation.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.