Financial institution and services defined.

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51A-4-44. Financial institution and services defined.

Terms used in §51A-4-45 mean:

(1)"Financial institution," a National Banking Association, Federal Savings and Loan Association having its main office in this state, or a bank established and operated under the laws of this state;

(2)"Services," receiving deposits, renewing time deposits, closing loans, servicing loans, and receiving payments on loans and other obligations.

Source: SL 1995, ch 267, §1; SL 2015, ch 239, §3.


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