1. (a) "Stock" means the units into which the proprietary interests of a savings bank are divided.

2. (b) The term includes:

   1. (1) common or preferred stock;
   2. (2) any other type of equity security;
   3. (3) warrants or options to acquire common or preferred stock; and
   4. (4) other securities that are convertible into common or preferred stock.

As added by P.L.122-1994, SEC.101.