Definitions

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28-7611. Definitions

In this article, unless the context otherwise requires:

1. " Grant agreement" means a written agreement between the director and the United States of America or any of its departments or agencies by which the director will receive a grant to construct a project or to reimburse the director for monies spent with respect to the project.

2. " Grant anticipation notes" means notes authorized by this article.

3. " Grant revenues" means any revenues the director will receive under a grant agreement, proceeds of grant anticipation notes and income and gain from the investment of these revenues and proceeds.


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