When used in this chapter the terms listed below shall have the following meanings:
- (a) "Consumer finance company" shall include all persons conducting the business of making advances of cash in amounts of seventy-five hundred dollars or less.
- (b) "Board" shall mean the State Board of Bank Control and its duly authorized deputies.
- (c) "License" shall mean the privilege certificate issued by the Board under the authority of this chapter to conduct the business regulated by this chapter.
- (d) "Licensee" shall mean a person to whom one or more licenses have been issued.
- (e) "Cash advance" shall mean the amount of cash or its equivalent that the borrower actually receives or is paid out at his direction or on his behalf.
- (f) "Amount of the loan" shall mean the cash advance plus other authorized charges.
- (g) "Person" shall mean an individual, partnership, association, corporation and all other legal and commercial entities.
HISTORY: 1962 Code Section 8-797; 1956 (49) 2052, 2967; 1957 (50) 339; 1966 (54) 2391.