7 Pa. Code § 138d.2 - Definitions
The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise:
Applicant-An individual, partnership, association or corporation applying for a loan under this chapter.
Department-The Department of Agriculture of the Commonwealth.
Farm operation-A Pennsylvania farm which produces farm products for profit.
Farm product-An agricultural, horticultural, vegetable, fruit or floricultural product of the soil, livestock or meats, wools, hides, poultry, eggs, dairy products, nuts, mushrooms or fish produced in an aquacultural project which is part of a farm operation.
Lender-A bank, savings bank, mutual savings bank, building and loan association, mortgage or finance company organized under the laws of the Commonwealth or the United States.
Loan Committee-See § 138d.11 (relating to Loan Committee).
Quorum-A majority of the Loan Committee.
Secretary-The Secretary of the Department.
Notes
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