2013 California Code
Insurance Code - INS
DIVISION 2. CLASSES OF INSURANCE
PART 2. LIFE AND DISABILITY INSURANCE
CHAPTER 2. Group Life Policies
10203.55
An agricultural or horticultural loan commitment as used in Section 10203.5 and in Article 5.9 (commencing with Section 779.1), Chapter 1, Part 2, Division 1 means a binding agreement to loan money up to a fixed amount as needed for agricultural or horticultural purposes, which commitment is issued by:
(1) A national or state commercial bank; or
(2) A federal intermediate credit bank or a production credit association organized under the Farm Credit Act of 1933, as amended;
lawfully operating in this State.
(Amended by Stats. 1963, Ch. 313.)
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