32-2-1201. Definitions.
115 words·~1 min read·
/mt/title-32/chapter-2/part-12/32-2-1201·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
32-2-1201 . Definitions. As used in this part, the following definitions apply:
(1)"Board member" means a member of the board of directors of the institution.
(2)"Cease and desist order that has become final" means a cease and desist order or an order with respect to which:
(a)a timely petition for review of the action has not been filed; 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)"Institution" means a state mutual association.
(4)"Violation" includes without limitation any action, alone or with others, that causes, counsels, aids, or abets a violation.