N.D. Admin. Code 13-02-12-02
1. "Family farm" means agricultural real estate operated and owned or leased by a farmer, or other organization authorized to own or lease land used for farming or ranching under North Dakota Century Code chapter 10-06, where the majority of the labor necessary to operate the farm is performed by the farmer and the farmer's family, if any.
2. "Farmer" means a resident of North Dakota whose principal occupation is or will be the production of an agricultural commodity or livestock on a family farm if granted a loan.
3. "Investments in community development" means equity and debt instruments of corporations or projects designed primarily to promote community welfare such as economic rehabilitation and development of low income areas.
4. "Low and moderate income housing" means housing defined under section 8 of the United States Housing Act of 1937, and the regulations adopted under the Act.
5. "Student education loans" means those loans made to individuals under federal or state guidelines and direct loans for the purposes of financing education.
N.D. Admin Code 13-02-12-02
General Authority: NDCC 6-01-04
Law Implemented: NDCC 6-08.3