As used in this part 2, unless the context otherwise requires:(1) 'Board' means the Colorado agricultural value-added development board created in section 35-75-203.(2) 'Department' means the department of agriculture.(3) 'Development facility' means a Colorado facility that either produces goods from an agricultural commodity or uses a process to produce goods from an agricultural product.(4) 'Eligible agricultural value-added cooperative' means a cooperative association formed pursuant to article 55 or 56 of title 7, C.R.S., for the purpose of operating a development facility and that meets the eligibility criteria established by the board pursuant to section 35-75-204 (2).(5) 'Fund' means the agriculture value-added cash fund created in section 35-75-205 (1).(6) 'Member' means a resident individual or a domestic or foreign corporation subject to the provisions of part 3 of article 22 of title 39, C.R.S.(7) 'Participant' means a resident individual or a domestic or foreign corporation subject to the provisions of part 3 of article 22 of title 39, C.R.S., that contributes cash funds to the board.L. 2001: Entire part added, p. 624, § 2, effective May 30. L. ic or foreign corporation subject to the provisions of part 3 of article 22 of title 39, C.R.S., that contributes cash funds to the board.L. 2001: Entire part added, p. 624, § 2, effective May 30. L. 2010: (7) amended, (SB 10 -212), ch. 412, p. 2032, § 3, effective July 1.
Colorado Legal Code