6-101

6-101. Definitions

In this title, unless the context otherwise requires:

1. "Automated teller machine" means an automated device that is established by a
bank, savings and loan association or credit union and that facilitates customer-bank
communications activities, including taking deposits and disbursing cash drawn against a
customer's deposit account or a customer's preapproved loan account, at a location
separate from the home office or a branch.

2. "Bank" means a corporation that holds a banking permit issued pursuant to
chapter 2 of this title.

3. "Banking office" means any place of business of the bank at which deposits are
received, checks are paid or money is loaned but does not include the premises used for
computer operations, proofing, record keeping, accounting, storage, maintenance or other
administrative or service functions.

4. "Branch" means any banking office other than the principal banking office.

5. "Department" means the department of financial institutions.

6. "Enterprise" means any person under the jurisdiction of the department other
than a financial institution.

7. "Federal deposit insurance corporation" includes any successor to the
corporation or other agency or instrumentality of the United States which undertakes to
discharge the purposes of the corporation.

8. "Financial institution" means banks, trust companies, savings and loan
associations, credit unions, consumer lenders, international banking facilities and
financial institution holding companies under the jurisdiction of the department.

9. "Home state" means the state that has granted the bank its charter, permit or
license to operate.

10. "Host state" means the state in which a financial institution is doing business
and not the state that has granted the bank its charter, permit or license to operate.

11. "In-state financial institution" means a state or federal bank, savings bank,
savings and loan association or holding company with its home office located in this
state.

12. "International banking facility" means a facility represented by a set of asset
and liability accounts segregated on the books and records of a commercial bank, the
principal office of which is located in this state, and which is incorporated and doing
business under the laws of the United States or of this state, a United States branch or
agency of a foreign bank, an edge corporation organized under section 25(a) of the
federal reserve act (12 United States Code sections 611 through 631) or an agreement
corporation having an agreement or undertaking with the board of governors of the federal
reserve system under section 25 of the federal reserve act (12 United States Code
sections 601 through 604(a)) that includes only international banking facility time
deposits and international banking facility extensions of credit as defined in 12 Code of
Federal Regulations part 204.

13. "National credit union administration" includes any successor to the
organization or other agency or instrumentality of the United States which undertakes to
discharge the purposes of the organization.

14. "Out-of-state bank" means a bank, savings bank or savings and loan association
that is approved by the superintendent pursuant to section 6-322 and that has a charter,
a permit or any other license to operate that is issued by a state other than this state.

15. "Out-of-state financial institution" means a state or federal bank, savings
bank, savings and loan association or holding company with its home office in a state
other than this state.

16. "Superintendent" means the superintendent of financial institutions.

17. "Title" includes this title, title 32, chapter 9 and title 44, chapter 2.1.