In addition to the definitions set out in the Texas Agriculture Code, Chapter 58, as amended, and in Subchapter A of this chapter (relating to Financial Assistance Rules), the following words and terms, when used in this subchapter, shall have the following meanings unless the context clearly indicates otherwise.
- (1) Act--Texas Agriculture Code, Chapter 58, Subchapter E, as amended with the passage of Senate Bill 1016 by the 81st Texas Legislature, 2009.
- (2) Eligible borrower--A person whose application for loan guarantee under this program has been approved.
- (3) Plan--The documentation submitted to the lender that identifies the use of the loan proceeds.
- (4) Program--The Agricultural Loan Guarantee Program.
- (5) Project--An enterprise that establishes or enhances a farming or ranching operation or an agriculture-related business, which directly benefits production agriculture and furthers agriculture in Texas.
Source Note:The provisions of this §28.23 adopted to be effective September 1, 2009, 34 TexReg 5902.