17:9A-266 - Definitions
17:9A-266. Definitions
For the purposes of this article:
(1)"Bank" shall mean a bank or savings bank;
(2)"Board of directors" shall include the board of directors of a bank, and the board of managers of a savings bank;
(3)"Director" shall include a director of a bank and a manager of a savings bank;
(4)"Assets" or "property" shall include property held in fiduciary capacities; and
(5)The "business" of a bank shall include its fiduciary relationships.
L.1948, c.67,s.266; amended 1976,c.6,s.1.