80-12-102. Definitions.
80-12-102. Definitions. (1) As used in this chapter, the following definitions apply:
(a) "Agricultural land" means land actively devoted to agricultural use as defined in 15-7-202.
(b) "Authority" means the department of agriculture provided for in 2-15-3001.
(c) "Bonds" means bonds or bond anticipation notes issued by the authority under the provisions of this chapter.
(2) References to the authority's property, revenues, or assets apply only to property, revenues, and assets generated by the Montana agricultural loan authority program, not those owned or generated by any other program or property over which the authority exercises general authority, direction, and control.
History: En. Sec. 3, Ch. 580, L. 1983; amd. Sec. 4, Ch. 168, L. 1991.