Section 1052 - DefinitionsAs used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [1985, c. 558 (NEW).]
1.Mutual financial institution. "Mutual financial institution" means any institution as defined in section 131, subsection 27. [1985, c. 558 (NEW).]
2.Mutual holding company. "Mutual holding company" means any corporation organized pursuant to this chapter. [1985, c. 558 (NEW).]
3.Subsidiary universal bank. "Subsidiary universal bank" means any universal bank organized under the laws of this State, at least 51% of the voting stock of which is wholly owned by a mutual holding company. [2009, c. 228, §10 (AMD).]
1985, c. 558, (NEW) . 1993, c. 257, § 4 (AMD) . 2009, c. 228, § 10 (AMD) .