§ 138d.2. Definitions.
The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise:
ApplicantAn individual, partnership, association or corporation applying for a loan under this chapter.
DepartmentThe Department of Agriculture of the Commonwealth.
Farm operationA Pennsylvania farm which produces farm products for profit.
Farm productAn 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.
LenderA 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 CommitteeSee § 138d.11 (relating to Loan Committee).
QuorumA majority of the Loan Committee.
SecretaryThe Secretary of the Department.
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