Definitions and rules of construction.
Definitions. For the purpose of this subpart, the following terms shall have the following meanings:
Bankruptcy code of 1978, as amended,
means the Bankruptcy Reform Act of 1978
, as amended (11 U.S.C. 101
means any organization which has an outstanding loan made or guaranteed by RUS
for rural electrification.
means Rural Electrification Act of 1936
, as amended (7 U.S.C. 901
means the Rural Electrification Administration formerly an agency of the United States Department of Agriculture
and predecessor agency to RUS
with respect to administering certain electric and telephone loan programs.
means the Rural Utilities Service, an agency of the United States Department of Agriculture
established pursuant to Section 232 of
the Federal Crop Insurance Reform and Department of Agriculture Reorganization Act of 1994
(Pub. L. 103-354, 108 Stat. 3178), successor to REA
with respect to administering certain electric and telephone programs. See 7 CFR 1700.1
RUS loan contract
means the agreement, as amended, supplemented, or restated from time to time, between a borrower
providing for loans made or guaranteed pursuant to the RE Act
means the mortgage and security agreement, as from time to time supplemented, amended and restated, made by and among the borrower
, and, if a party thereto, third party lenders, or any other form of mortgage or security instrument or indenture of mortgage and deed of trust, securing the payment of outstanding loans made or guaranteed by RUS
and other lenders.
RUS wholesale power contract
means the contract for the wholesale sale of electric power and energy between a power supply borrower
and its member as approved by RUS
shall mean outstanding loans secured pursuant to the RUS mortgage
State regulatory authority
means any state board or local governing body having jurisdiction under state law to regulate, or in any way, approve the electric rates charged by a borrower
Rules of construction. Unless the context shall otherwise indicate, the terms defined in § 1717.352(a) hereof include the plural as well as the singular, and the singular as well as the plural. The words “herein,” and “hereunder”, and words of similar import, refer to this subpart as a whole. “Includes” and “including” are not limiting and “or” is not exclusive.
[55 FR 38653, Sept. 19, 1990, as amended at 59 FR 66440, Dec. 27, 1994]