90-9-103. Definitions. - Montana Statutes

     90-9-103. Definitions. As used in this chapter, the following definitions apply:
     (1) "Act" means the Montana Growth Through Agriculture Act.
     (2) "Agricultural business" means an enterprise engaged in the production, processing, marketing, distribution, or exporting of agricultural products. The term includes any related business the primary function of which is providing goods or services to an agricultural enterprise.
     (3) "Company" means a natural person, firm, partnership, corporation, association, or other entity authorized to conduct business in the state.
     (4) "Council" means the Montana agriculture development council established in 2-15-3015.
     (5) "Department" means the department of agriculture established in 2-15-3001.
     (6) (a) "Matching funds" means the funds received by the loan or grant recipient from private, federal, state, or commodity checkoff funds and contributed by the recipient in support of a loan or grant application in an amount that is at least equal to the funds disbursed to the recipient by the council.
     (b) Matching funds may not include other state grants.
     (7) "State" means the state of Montana.

     History: En. Sec. 4, Ch. 665, L. 1987; amd. Sec. 10, Ch. 284, L. 1989; amd. Sec. 1, Ch. 189, L. 1991; amd. Sec. 1, Ch. 171, L. 2001; amd. Sec. 2, Ch. 106, L. 2009.