- (a) In this title the following words have the meanings indicated.
- (b) “Capital stock” includes both common and preferred stock of a commercial bank.
- (c) “Debt instrument” means any capital note, debenture, bond, or certificate of beneficial interest issued by a commercial bank.
- (d) “Inhabitants” means the population of a municipal area, as determined by the latest federal or State census.
- (e) “Nondepository trust company” means a trust company that is not insured by the Federal Deposit Insurance Corporation.
- (f) “State bank” means an institution that is incorporated under the laws of this State as a bank.
- (g) “Trust company” means an institution that is incorporated under the laws of this State as a trust company.
Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 2010, c. 457, § 1, eff. Oct. 1, 2010.
Formerly Art. 11, § 69.