Section 10203.55 Of Chapter 2. Group Life Policies From California Insurance Code >> Division 2. >> Part 2. >> Chapter 2.

. An agricultural or horticultural loan commitment as used in Section 10203.5 and in Article 5.9 (commencing with Section 779.1), Chapter 1, Part 2, Division 1 means a binding agreement to loan money up to a fixed amount as needed for agricultural or horticultural purposes, which commitment is issued by:
  (1) A national or state commercial bank; or
  (2) A federal intermediate credit bank or a production credit association organized under the Farm Credit Act of 1933, as amended; lawfully operating in this State.