§ 3-101. Definitions  


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  •    (a) In general. -- In this title the following words have the meanings indicated.

    (b) Capital stock. -- "Capital stock" includes both common and preferred stock of a commercial bank.

    (c) Debt instrument. -- "Debt instrument" means any capital note, debenture, bond, or certificate of beneficial interest issued by a commercial bank.

    (d) Inhabitants. -- "Inhabitants" means the population of a municipal area, as determined by the latest federal or State census.

    (e) Nondepository trust company. -- "Nondepository trust company" means a trust company that is not insured by the Federal Deposit Insurance Corporation.

    (f) State bank. -- "State bank" means an institution that is incorporated under the laws of this State as a bank.

    (g) Trust company. -- "Trust company" means an institution that is incorporated under the laws of this State as a trust company.


HISTORY: CA § 6-101; An. Code 1957, art. 11, § 69; 1980, ch. 33, § 2; 2010, ch. 457.