Vermont § 374b - Definitions As used in this chapter:

Full text of Vermont Vermont Statutes Online § 374b — Definitions As used in this chapter:, with citation guidance and answers to common questions.

§ 374b. Definitions As used in this chapter:

  • (1) “Agricultural facility” means land and rights in land, buildings, structures, machinery,
    and equipment that is used for, or will be used for producing, processing, preparing,
    packaging, storing, distributing, marketing, or transporting agricultural or forest
    products that have been at least partially produced in this State, and working capital
    reasonably required to operate an agricultural facility. (2) “Agricultural land” means real estate capable of supporting commercial farming or
    forestry, or both. (3) “Agricultural products” mean crops, livestock, forest products, and other farm or
    forest commodities produced as a result of farming or forestry activities. (4) “Farm ownership loan” means a loan to acquire or enlarge a farm or agricultural facility,
    to make capital improvements including construction, purchase, and improvement of
    farm and agricultural facility buildings, farm worker housing, or farmer housing that
    can be made fixtures to the real estate, to promote soil and water conservation and
    protection or provide housing, and to refinance indebtedness incurred for farm ownership
    or operating loan purposes, or both. (5) “Authority” means the Vermont Economic Development Authority. (6) “Cash flow” means, on an annual basis, all income, receipts, and revenues of the applicant
    or borrower from all sources and all expenses of the applicant or borrower, including
    all debt service and other expenses. (7) “Farmer” means an individual directly engaged in the management or operation of an
    agricultural facility or farm operation for whom the agricultural facility or farm
    operation constitutes two or more of the following: (A) is or is expected to become a significant source of the farmer’s income; (B) the majority of the farmer’s assets; and (C) an occupation in which the farmer is actively engaged, either on a seasonal or year-round
    basis. (8) “Farm operation” means the cultivation of land or other uses of land for the production
    of food, fiber, horticultural, silvicultural, orchard, maple syrup, Christmas trees,
    forest products, or forest crops; the raising, boarding, and training of equines,
    and the raising of livestock; or any combination of the foregoing activities. “Farm
    operation” also means the storage, preparation, retail sale, and transportation of
    agricultural or forest commodities accessory to the cultivation or use of such land.
    “Farm operation” also means the operation of an agritourism business on a farm subject
    to regulation under the Required Agricultural Practices. “Farm operation” also means
    a business that provides specialty services to farmers, such as foresters, farriers,
    hoof trimmers, or large animal veterinarians operating or proposing to operate mobile
    units. (9) “Forest products business” means an enterprise that is engaged in managing, harvesting,
    trucking, processing, manufacturing, crafting, or distributing forest products at
    least partially derived from Vermont forests. (10) “Livestock” shall mean cattle, sheep, goats, equines, fallow deer, red deer, reindeer,

Frequently Asked Questions About Vermont § 374b

What does Vermont Statutes Online § 374b cover?

Section 374b ("Definitions As used in this chapter:") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Vermont § 374b?

A common citation format is "Vermont Statutes Online § 374b" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Vermont law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.

How does Vermont § 374b apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.