There Is a Newer Version
of
the Georgia Code
2006 Georgia Code - 2-8A-3
2-8A-3. As used in this chapter, the term:
(1) 'Emerging crop' means a plant or
animal crop for which consumers have a growing demand, which has
potential for economic development, which has a development time
from beginning of production to commercial harvest or initial sale
of the product of not less than 18 months nor more than five years,
and which has been designated an emerging crop by the Georgia
Development Authority or by Code Section 2-8A-4.
(2) 'Farmer' means a resident of
Georgia who engages in or wishes to engage in the commercial
production of an emerging crop on land in Georgia. This term shall
include individuals, family-farm corporations meeting the
requirements of paragraph (2) of subsection (b) of Code Section
48-5-7.1, and partnerships in which all of the partners are either
individuals or family-farm corporations meeting such
requirements. (3) 'Fund'
means the Emerging Crops Fund established in Code Section
2-8A-5. (4) 'Georgia
Development Authority' or 'authority' means the Georgia Development
Authority provided for in Chapter 10 of Title 50.
(5) 'Interest loan' means a loan
made from the fund to pay the interest on a loan made by a lender
to a farmer to finance the nonland capital costs of establishing
production of an emerging crop. (6) 'Lender' means a commercial bank, savings
bank, savings and loan association, federal land bank, farm credit
bank, production credit association, or other farm credit agency
which is domiciled or qualified to do business in Georgia or the
Farmers Home Administration.
Disclaimer: These codes may not be the most recent version. Georgia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
