As used in the city utility low-interest loan program: (a) "City" means a city organized and existing under the laws of Kansas or a municipal energy agency as defined in K.S.A. 12-886, and amendments thereto; (b) "director of investments" means the person appointed as the director of investments pursuant to K.S.A. 75-4222, and amendments thereto; (c) "loan" means a deposit of unencumbered state funds to a city pursuant to the program; and (d) "program" means the city utility low-interest loan program.
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