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Code of Virginia (Last Updated:July 28, 2020) |
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TITLE 51.5. Persons with Disabilities |
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CHAPTER 11. Assistive Technology Loan Fund Authority |
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SECTION 51.5-53. Definitions |
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As used in this chapter, unless the context clearly requires a different meaning: "Assistive technology" means any item, piece of equipment or device that enables an individual with a disability to improve his or her independence and quality of life. "Authority" means the Assistive Technology Loan Fund Authority established pursuant to this chapter. "Board" means the Board of Directors of the Assistive Technology Loan Fund Authority. "Bonds" means notes, bonds, certificates, and other evidence of indebtedness or obligation of the Authority. "Fund" means the Assistive Technology Loan Fund established pursuant to this chapter. "Qualifying borrower" means any person who demonstrates that a loan made pursuant to this chapter will assist one or more persons with disabilities to improve their independence or become more productive members of the community. The person must demonstrate creditworthiness and repayment abilities to the satisfaction of the Board. |