The following words and terms, when used in this chapter, shall have the following meanings, unless the context clearly indicates otherwise.

1. (1) Board--The six-member Texas Water Development Board.
2. (2) Borrower--A person who receives funds from a lender in order to purchase agricultural water conservation equipment under the pilot loan program.
3. (3) Conservation loan--A loan made to a borrower, except when the borrower is an irrigation district that will be making improvements to its irrigation water delivery system.
4. (4) Equipment--Storage units, instruments, tools, and supplies necessary to perform a field evaluation or demonstration of the efficiency of an irrigation system and agricultural water conservation practices on irrigated land, dryland, and rangeland, to measure, sample, test, and evaluate water quality, or to evaluate and demonstrate agricultural chemical systems which will prevent contamination of groundwater and surface water from agricultural chemicals.
5. (5) Executive administrator--The executive administrator of the Texas Water Development Board.
6. (6) Lender--A district which participates as the lending institution in the pilot loan program.

Source Note:The provisions of this §367.2 adopted to be effective April 16, 1986, 11 TexReg 1620; amended to be effective January 4, 1988, 12 TexReg 4848; amended to be effective September 18, 1989, 14 TexReg 4545.