Title 48, Chapter 6, Section 90
( 48-6-90)
As used in this article, the term: (1) "Bank" means any financial institution chartered under the
laws of any state or under the laws of the United States which is
authorized to receive deposits in this state and which has a
corporate structure authorizing the issuance of capital stock. (2) "Depository financial institution" means a bank or a savings
and loan association. (3) "Savings and loan association" means any financial
institution, other than a credit union, chartered under the laws
of any state or under the laws of the United States which is
authorized to receive deposits in this state and which has a
mutual corporate form. |