Pennsylvania Statutes Title 73 P.S. Trade and Commerce § 400.2301. Definitions

The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise:

“Area loan organization.”An organization, other than a community development financial institution, designated by the department as an area loan organization in accordance with this act, which is in good standing with the department.

“County.” Any county and any city of the first class.

“Industrial and commercial development authority.”An authority established under section 4 of the act of August 23, 1967 (P.L. 251, No. 102),  1 known as the Economic Development Financing Law.

“Industrial development corporation.”An organization certified under the act of May 17, 1956 (1955 P.L. 1609, No. 537),  2 known as the Pennsylvania Industrial Development Authority Act, which is in good standing with the department.

“Industrial development organization.”An area loan organization, industrial development corporation, industrial and commercial development authority or other nonprofit economic development organization recommended by a county to receive grants under this act.