9-13-203 - Definitions.

9-13-203. Definitions.

As used in this part, unless the context otherwise requires:

     (1)  “Director” means the director of the division of local finance in the office of the comptroller of the treasury, or a person designated by such director;

     (2)  “Emergency technical assistance” means direction, oversight, management, and approval of all financial dealings and transactions of a local government by the director;

     (3)  “Loan guarantee” means the guarantee by the state, acting through the state funding board under the provisions of this part, of a loan to a local government from a lender other than the state; and

     (4)  “Local government” means any incorporated city or town, metropolitan government, or county, including enterprise funds of such government entity.

[Acts 1984, ch. 996, § 4; 1995, ch. 63, § 1.]