32-1-901. Definitions.
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/mt/title-32/chapter-1/part-9/32-1-901·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
32-1-901 . Definitions. For purposes of this part, the following definitions shall apply:
(1)"Board member" means a member of the board of directors of the institution.
(2)"Cease and desist order which has become final" and "order which has become final" mean a cease and desist order or an order issued by the director with the consent of the institution or the board member, officer, or other person concerned, with respect to which:
(a)a timely petition for review of the action of the director has not been filed in a district court as specified in 32-1-908 (2); or
(b)the action of the court in which a petition for review has been filed is not subject to further review by the courts of the state.
(3)"Director" means the director of the department of administration.
(4)"Institution" means a commercial bank, savings bank, trust company, or investment company chartered under Title 32, chapter 1.
(5)"Violation" includes without limitation any action, alone or with others, causing, counseling, aiding, or abetting a violation.