Minnesota Administrative Rules

1587.0200 DEFINITIONS.

Subpart 1.

Statutory definitions.

The terms defined in Minnesota Statutes 1986, section 116M.03, Minnesota Statutes, section 469.110, and this part apply to this chapter.

Subp. 2.

Act.

"Act" means Laws of Minnesota 1980, chapter 547.

Subp. 3.

Applicant.

"Applicant" means a person, partnership, firm, corporation, or association that applies to the board for financial assistance.

Subp. 4.

Board.

"Board" means the Minnesota Agricultural and Economic Development Board.

Subp. 5.

Commissioner.

"Commissioner" means the commissioner of employment and economic development or the commissioner's designee.

Subp. 6.

Financial assistance.

"Financial assistance" means loans, loan guarantees or insurance, and any other use of funds permitted by the act.

Subp. 7.

Members.

"Members" means the commissioner and those persons appointed to the board under Minnesota Statutes, section 41A.02, subdivision 3.

Subp. 8.

Project.

"Project" means that which is funded or secured, or is proposed to be funded or secured, by financial assistance.

Statutory Authority:

MS s 41A.04

History:

9 SR 111; 10 SR 475; L 1987 c 312 art 1 s 10; c 386 art 5 s 5; 17 SR 1279; L 2003 1Sp4 s 1

Published Electronically:

September 4, 2013