Subdivision 1. Words, terms, and phrases.
For the purposes of this section and section
, the terms defined in this section have the meanings given them, unless the language or
context clearly indicates that a different meaning is intended.
Subd. 2. Banking institution.
The term "banking institution" means a bank, trust company,
bank and trust company, savings bank, or industrial loan and thrift operating under section
, that is organized under the laws of this state, or a holding company which owns
or otherwise controls the banking institution.
History: 1990 c 491 art 2 s 1; 1992 c 587 art 1 s 3; 1995 c 171 s 2; 1997 c 157 s 4