Definitions

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  • The following words and phrases as used in this subchapter shall have the meanings indicated unless a contrary meaning shall appear in the context:
    • “person” means any individual, firm, voluntary association, joint-stock company, incorporated society, partnership, trust, corporation or any other legal entity; “licensee” means a person to whom one or more licenses have been issued under this subchapter; “license” means the authority to do business issued by the Banking Board under the provisions of this subchapter; “fiscal year” means the twelve-month period ending June 30.


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