Texas Agriculture Code 58.051 – Definitions
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Terms Used In Texas Agriculture Code 58.051
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
In this subchapter:
(1) “Commercial lender” means a commercial lending institution chartered by the state or federal government, including a savings and loan association, a credit union, or a Farm Credit System institution.
(2) “Eligible applicant” means a person applying for a loan guarantee under this subchapter who complies with the application procedures prescribed by this subchapter.
(3) “Plan” means the documentation submitted to the lender in support of the application.