§342D-80 Definitions. As used in this part, unless the context otherwise requires:

"Corpus allocation" means the amount of moneys in the revolving fund that is allocated by the director to provide earnings to reduce an eligible party's total financing costs for one or more eligible projects.

"Eligible party" means a county, state agency, or private person.

"Revolving fund" means the water pollution control revolving fund established by section 342D-83. [L 1997, c 221, pt of §1; am L 2002, c 132, §3]