Section 324.50105 - Definitions; R to U(1) "Reforestation" means planting of tree seedlings, cuttings, or seed.(2) "Small business entity" means a business enterprise with $500,000.00 or less average annual gross revenue during its last 3 tax years.(3) "Stumpage value" of timber means values determined from log grade value tables adopted or used by the department.(4) "Timber" means wood growth, mature or immature, growing or dead, standing or down. Timber does not include any of the following: (a) Christmas trees and associated greens.(b) Material harvested from an individual's own land and used on that land for the construction of fences or buildings or for other personal use.(c) Fuel wood harvested for use in individual homes.(5) "Timber owner" means a person who holds an ownership interest in forest tree species on forest land. An ownership interest includes a license or other right to timber on state lands.(6) "Timber volume agreement" means that portion of the difference between the allowable cut volume and a projected future need volume which can be committed to a person.(7) "Unit of proper measurement" means a unit of measurement commonly used in the timber industry for measuring timber and harvested timber products.Add. 1995, Act 57, Imd. Eff. 5/24/1995 .