Sec.16a-43-1. Definitions

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"Applicant" means any business concern that applies for a loan under these regulations.
"Authority" means the Connecticut Development Authority.
"Borrower" means any business concern to whom a loan has been approved under these regulations.
"Business concern" means any sole proprietorship, partnership, association or corporation formed for the purpose of transacting business for profit, including but not limited to agricultural, manufacturing, wholesale, retail, construction and service concerns.
"Commissioner" means the Commissioner of Economic Development. "Department" means the Department of Economic Development.
"Disaster emergency" means an emergency or disaster which has been proclaimed by the governor under the laws of the state.
"Loan" means a business emergency relief loan or a small home heating oil dealer loan.

(Effective March 10, 1983)

                    
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