Section 3-101 - Definitions.

§ 3-101. Definitions.
 

(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. 
 

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