Definitions

Definitions. (a) As used in this act: (i) "First mortgage" means first and superior liens on farm lands except as hereinafter provided, the fee simple title to which is in the proposed borrower; (ii) "Farm land," "farm" and "farms" includes: (A) Lands used principally for raising agricultural products; purposes; and (B) Lands used principally for dairying (C) Lands or ranches used principally for livestock purposes. board; 203. (iii) "Board" means the state loan and investment (iv) "This act" means W.S. 11-34-101 through 11-34-