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. (1) Act--Texas Agriculture Code, Chapter 58, Subchapter E.
2. (2) Eligible borrower--A person whose application for loan guarantee under this program has been approved.
3. (3) Plan--The documentation submitted to the lender that identifies the use of the loan proceeds.
4. (4) Program--The Agricultural Loan Guarantee Program.
5. (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; amended to be effective July 12, 2021, 46 TexReg 4134.