51.5-53 - Definitions. - Virginia Statutes

§ 51.5-53. Definitions.

As used in this chapter, unless the context clearly requires a differentmeaning:

"Assistive technology" means any item, piece of equipment or device thatenables an individual with a disability to improve his or her independenceand quality of life.

"Authority" means the Assistive Technology Loan Fund Authority establishedpursuant to this chapter.

"Board" means the Board of Directors of the Assistive Technology Loan FundAuthority.

"Bonds" means notes, bonds, certificates, and other evidence ofindebtedness or obligation of the Authority.

"Fund" means the Assistive Technology Loan Fund established pursuant tothis chapter.

"Qualifying borrower" means any person who demonstrates that a loan madepursuant to this chapter will assist one or more persons with disabilities toimprove their independence or become more productive members of thecommunity. The person must demonstrate creditworthiness and repaymentabilities to the satisfaction of the Board.

(1995, c. 812; 2004, c. 728.)