New Jersey § 34:1b-241

§ 34:1b-241.

As used in P.L.2011, c. 201 ( C.34:1B-241.1 et seq. ) : “ Authority ” means the New Jersey Economic Development Authority established by section 4 of

P.L.1974, c. 80 ( C.34:1B-4 ). “ Department ” means the Department of Agriculture established pursuant to R.S.4:1-1 . “ Eligible farming operation ” means two or more business entities that are engaged in farming operations in the

State, that are applying together for participation in the small business loan program

established pursuant to section 2 of P.L.2019, c. 240 ( C.34:1B-241.2 ), and that, at the time of the application, are independently owned and operated,

participate in an agricultural commodity or product marketing and development program

operated by the Department of Agriculture, and satisfy other criteria that may be

established by the authority pursuant to P.L.2019, c. 240 . “ Eligible small business ” means a business entity that, at the time of application for participation in the

small business loan program established pursuant to section 2 of P.L.2011, c. 201 ( C.34:1B-241.2 ), is independently owned and operated, operates primarily within this State, and

which satisfies other criteria that may be established by the authority. “ Eligible small business ” shall include qualified dairy farmers and eligible farming operations. “ Farm equipment ” means equipment used directly for farming operations . “ Farming operations ” mean any activities connected to the commercial growing, harvesting, processing,

producing, or raising of agricultural products in the State, including crops, dairy

animals, livestock, fur-bearing animals, poultry, bees, crops used in fermented alcoholic

beverages and wine, and any products therefrom, including organic agricultural products;

aquacultural products; horticultural products; and silviculture products. “ Qualified dairy farmer ” means a person or business entity that produces valued-added dairy products and

that, at the time of application for participation in the small business loan program

and receipt of a loan under the program, is independently owned and operated, operates

primarily within this State, and satisfies other criteria that may be established

by the authority. “ Value-added dairy product ” means a dairy product created by a qualified dairy farmer by means of a change in

the physical state of a dairy commodity, and shall include, but not be limited to,

cheese, cultured sour cream, yogurt, kefir, butter, ice cream, evaporated milk, condensed

milk, and concentrated milk.