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§ 2902. Definitions

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 12 Pa.C.S.A. Commerce and TradeEffective: June 22, 2017

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 12 Pa.C.S.A. Commerce and Trade (Refs & Annos)
Part III. Economic Development Programs
Chapter 29. Machinery and Equipment Loans (Refs & Annos)
Effective: June 22, 2017
12 Pa.C.S.A. § 2902
§ 2902. Definitions
Currentness
The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise:
“Agent.” The term includes the Department of Community and Economic Development.
“Authority.” The Pennsylvania Industrial Development Authority organized and existing under the act of May 17, 1956 (1955 P.L. 1609, No. 537),1 known as the Pennsylvania Industrial Development Authority Act.
“Board.” The board of directors of the authority.
“Business enterprise.” A for-profit corporation, partnership or proprietorship. The term includes a medical facility.
“Farm commodity.” Any Pennsylvania-grown agricultural, horticultural, aquacultural, vegetable, fruit and floricultural product of the soil, livestock and meats, wools, hides, furs, poultry, eggs, dairy products, nuts, mushrooms, honey products and forest products.
“Fund.” The Machinery and Equipment Loan Fund created and established by this chapter.
“Medical facility.” An entity licensed as a hospital under the act of June 13, 1967 (P.L. 31, No. 21),2 known as the Public Welfare Code, or the act of July 19, 1979 (P.L. 130, No. 48),3 known as the Health Care Facilities Act.
“Normal agricultural operation.” The term shall have the same meaning as given to it in section 2 of the act of June 10, 1982 (P.L. 454, No. 133),4 entitled “An act protecting agricultural operations from nuisance suits and ordinances under certain circumstances.”
“Production agriculture.” The management and use of a normal agricultural operation for the production of a farm commodity.
“Program.” The Machinery and Equipment Loan Program established under section 2903 (relating to establishment).

Credits

2004, Feb. 12, P.L. 99, No. 12, § 2, effective upon publication of guidelines required by 12 Pa.C.S.A. § 2912 [Dec. 30, 2004]. Amended 2014, Oct. 22, P.L. 2569, No. 161, § 7, effective Nov. 1, 2014; 2017, June 22, P.L. 202, No. 7, § 1, imd. effective.

Footnotes

1
73 P.S. § 301 et seq.
2
62 P.S. § 101 et seq.
3
35 P.S. § 448.101 et seq.
4
3 P.S. § 952.
12 Pa.C.S.A. § 2902, PA ST 12 Pa.C.S.A. § 2902
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document