Unless the context requires otherwise, as used in this
(1) "Act" means Title 90, chapter 4,
part 1, MCA.
(2) "Commercialization" means the
engagement by a new or expanding business incorporated, licensed or otherwise
authorized to do business in Montana in developing, designing, building,
manufacturing, marketing, distributing, or selling renewable energy forms,
processes, systems, system components or information.
(3) "Contract monitoring" means a
purposeful examination and supervision of a contractor's performance, plans,
records, reports and expenditures to insure compliance with the terms and
conditions described in a contractual agreement with the department.
(4) "Demonstration" means a physical
display or example to illustrate the operation of a renewable energy system or
device and to provide evidence of its performance to a large population.
(5) "Development" means an activity that
utilizes the results of research or available knowledge and applies those
results or knowledge to the design, construction and testing of hardware,
models, or prototypes.
(6) "Educational or informational
project" means any project that stimulates research, development,
demonstration, commercialization or use of renewable energy through workshops,
publications, curriculum development, technical assistance services,
audio-visual materials, or other means.
(7) "Financial institution" means any
state or federally chartered commercial bank, savings and loan association or
authorized to do business or domiciled in the state of Montana and whose
deposits are insured by the federal deposit insurance corporation (FDIC) , the
federal savings and loan insurance corporation (FSLIC) or the national credit
union administration (NCUA) . It shall also mean the farmer's home
administration, the federal land bank and the production credit association.
(8) "Performance monitoring" means a
systematic check, test, or investigation to collect, record, and interpret data
that will describe the efficiency, energy output, or other operational
functions of a renewable energy system or device.
(9) "Person" means, as defined in
90-4-102(2) , MCA, "a natural person, corporation, partnership, or other
business entity, association, trust, foundation, any educational or scientific
institution, or any governmental unit."
(10) "Research" means a systematic study
to discover facts or to discover or revise theories that will bring to a more
advanced state the capabilities, understanding, availability, and suitability
of a renewable energy source.