Terms Used In Tennessee Code > Title 43 > Chapter 31 - Agricultural Production Inputs

• Agricultural chemical: means fertilizers or agricultural chemicals that are applied to crops or to land that is used for raising crops, including fertilizer material, plant amendment, plant food and soil amendment, and pesticide as defined in §. See Tennessee Code 43-31-102
• Agricultural production input: means crop production inputs. See Tennessee Code 43-31-102
• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
• Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Debtor: means a farmer who is or has requested financial assistance from a lender through a supplier. See Tennessee Code 43-31-102
• Equal Credit Opportunity Act: Prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age, or because an applicant receives income from a public assistance program. ^{Source: OCC}
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• Lender: means a person in the business of lending money identified in a security interest notification statement. See Tennessee Code 43-31-102
• Letter of commitment: means a binding, irrevocable and unconditional agreement by a lender to honor drafts or other demands for payment upon the supplier presenting invoices signed by the purchaser or other proof of delivery. See Tennessee Code 43-31-102
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• Person: means an individual or an organization and includes a corporation, firm or association. See Tennessee Code 43-31-102
• Petroleum product: means motor fuels and special fuels that are used in the production of crops, including "petroleum products" as defined in §. See Tennessee Code 43-31-102
• Proceeds: means proceeds as defined in §. See Tennessee Code 43-31-102
• Property: includes both personal and real property. See Tennessee Code 1-3-105
• Seed: means agricultural seeds that are used to produce crops, including "agricultural seed" as defined in §. See Tennessee Code 43-31-102
• signed: includes a mark, the name being written near the mark and witnessed, or any other symbol or methodology executed or adopted by a party with intention to authenticate a writing or record, regardless of being witnessed. See Tennessee Code 1-3-105
• State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
• Supplier: means a person who furnishes agricultural production inputs. See Tennessee Code 43-31-102
• Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. ^{Source: OCC}