Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter.

     (1) "Associate development organization" means a local economic development nonprofit corporation that is broadly representative of community interests.

     (2) "Department" means the department of community, trade, and economic development.

     (3) "Director" means the director of the department of community, trade, and economic development.

     (4) "Financial institution" means a bank, trust company, mutual savings bank, savings and loan association, or credit union authorized to do business in this state under state or federal law.

     (5) "Microenterprise development organization" means a community development corporation, a nonprofit development organization, a nonprofit social services organization or other locally operated nonprofit entity that provides services to low-income entrepreneurs.

     (6) "Statewide microenterprise association" means a nonprofit entity with microenterprise development organizations as members that serves as an intermediary between the department of community, trade, and economic development and local microenterprise development organizations.

[2007 c 322 § 2; 1993 c 280 § 3.]

NOTES:

     Findings -- Purpose -- Intent -- 2007 c 322: See note following RCW 43.330.290.