Colorado § 35-1.2-102 Definitions

Colorado Statutes

§ 35-1.2-102 — Definitions

Colorado § 35-1.2-102

Title 35Agriculture

Art.Colorado Agricultural Future Loan Program

This text of Colorado § 35-1.2-102 (Definitions) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 35-1.2-102 (2026).

Text

As used in this article 1.2, unless the context otherwise requires:

(1)Agricultural processing means the transforming, packaging, sorting, storage, or grading of Colorado livestock, livestock products, agricultural commodities, plants, or plant products.

(2)Agriculture has the same meaning as set forth in section 35-1-102 (1).

(3)Commissioner means the commissioner of agriculture.

(4)Department means the department of agriculture created in section 35-1-103.

(5)Eligible business means a business that:

(a)Earns or will earn a majority of its revenue from agricultural processing or from developing or manufacturing technology designed to benefit Colorado farmers and ranchers; and

(b)In the judgment of the department:

(I)Has managers and employees who possess sufficient e

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As used in this article 1.2, unless the context
otherwise requires:

(1) Agricultural processing means the transforming, packaging, sorting,
storage, or grading of Colorado livestock, livestock products, agricultural
commodities, plants, or plant products.

(2) Agriculture has the same meaning as set forth in section 35-1-102 (1).

(3) Commissioner means the commissioner of agriculture.

(4) Department means the department of agriculture created in section
35-1-103.

(5) Eligible business means a business that:

(a) Earns or will earn a majority of its revenue from agricultural processing or
from developing or manufacturing technology designed to benefit Colorado
farmers and ranchers; and

(b) In the judgment of the department:

(I) Has managers and employees who possess sufficient education, training,
and experience to operate the business; and

(II) Provides an economic benefit to Colorado farmers or ranchers.

(6) Eligible farmer or rancher means an individual who:

(a) Is at least eighteen years of age;

(b) Is a resident of Colorado;

(c) Is or will be an owner or operator in fact of a farm or ranch; and

(d) In the judgment of the department:

(I) Possesses sufficient education, training, and experience to operate the
farm or ranch; and

(II) Possesses or has access to sufficient working capital, farm machinery,
livestock, or land to operate the farm or ranch.

(7) Farm-to-market infrastructure grant means a grant of money from the
fund, which money is used for agricultural processing.

(8) (a) Farm-to-market infrastructure loan means a loan from the loan
program, which loan is used for the purpose of agricultural processing or the
development or manufacturing of technology designed to benefit Colorado farmers
or ranchers.

(b) (Deleted by amendment, L. 2023.)

(9) Financial entity means a bank, nondeposit community development
financial institution, business development corporation, or other entity with
agricultural lending experience and with which the department contracts to help
administer the loan program.

(10) Fund means the Colorado agricultural future loan program cash fund
created in section 35-1.2-105.

(11) Livestock has the same meaning as set forth in section 35-1-102 (6).

(12) Loan program means the Colorado agricultural future loan program
created in section 35-1.2-103.

Legislative History

Source: L. 2021: Entire article added, (SB 21-248), ch. 374, p. 2471, � 1, effective June 29. L. 2022: (8) amended, (SB 22-212), ch. 421, p. 2984, � 80, effective August 10. L. 2023: (5)(a), (6)(c), and (8) amended, (SB 23-050), ch. 24, p. 86, � 1, effective August 7.