As used in this chapter, unless the context clearly requires a different meaning:

Terms Used In Virginia Code 51.5-53

  • Assistive technology: means any item, piece of equipment or device that enables an individual with a disability to improve his or her independence and quality of life. See Virginia Code 51.5-53
  • Authority: means the Assistive Technology Loan Fund Authority established pursuant to this chapter. See Virginia Code 51.5-53
  • Board: means the Board of Directors of the Assistive Technology Loan Fund Authority. See Virginia Code 51.5-53
  • Bonds: means notes, bonds, certificates, and other evidence of indebtedness or obligation of the Authority. See Virginia Code 51.5-53
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fund: means the Assistive Technology Loan Fund established pursuant to this chapter. See Virginia Code 51.5-53
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes any individual, corporation, partnership, association, cooperative, limited liability company, trust, joint venture, government, political subdivision, or any other legal or commercial entity and any successor, representative, agent, agency, or instrumentality thereof. See Virginia Code 1-230

“Assistive technology” means any item, piece of equipment or device that enables an individual with a disability to improve his or her independence and quality of life.

“Authority” means the Assistive Technology Loan Fund Authority established pursuant to this chapter.

“Board” means the Board of Directors of the Assistive Technology Loan Fund Authority.

“Bonds” means notes, bonds, certificates, and other evidence of indebtedness or obligation of the Authority.

“Fund” means the Assistive Technology Loan Fund established pursuant to this chapter.

“Qualifying borrower” means any person who demonstrates that a loan made pursuant to this chapter will assist one or more persons with disabilities to improve their independence or become more productive members of the community. The person must demonstrate creditworthiness and repayment abilities to the satisfaction of the Board.

1995, c. 812; 2004, c. 728.