Section Ban 510.01 - Definitions(a) "Corporate central credit union" or "corporate central" means a credit union operated for the primary purpose of serving corporate accounts or other credit union accounts.(b) "Service corporations" means any other organization providing services which are associated with the routine operations of credit unions.(c) "Federal credit union act" means the act of June 26, 1934 including subchapters, as amended from time to time. (Chapter 14 of Title 12 of the U.S. Code)(d) "Commissioner" means the same as provided in Ban 101.01.(e) "Department" means the same as provided in Ban 101.02.(f) "Credit union" means any corporation organized under RSA 394-B or by legislative charter.(g) "National credit union central liquidity facility" means the same as the "central liquidity facility" or "facility" as established by subchapter III of the Federal Credit Union Act.(h) "Undivided earnings" or "undivided profits" means the account to which current net earnings or profits are credited and consists of undistributed earnings available for dividends and losses.(i) "Surplus account" means the total of the credit union guaranty fund account, undivided profits account and reserve accounts, if any.(j) "Share capital and deposit capital" means the member shares and deposits of the credit union.N.H. Admin. Code § Ban 510.01
#2120, eff 8-12-82; amd by #7632, eff 1-29-02