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.
(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; amended to be effective July 12, 2021, 46 TexReg 4134