The following words and terms, when used in this chapter, shall
have the following meanings, unless the context clearly indicates
otherwise:
(1) "Alternative providers" means check cashers, licensed
money transmitters, licensed lenders, and licensed residential mortgage
lenders.
(2) "Banking services" include deposit taking, check-cashing,
and origination of residential mortgages, commercial mortgages, or
other secured or unsecured consumer or commercial loans.
(3) "Branch" means a full-service main office or branch
office of a financial institution or credit union.
(4) "Commission" means the Finance Commission of Texas.
(5) "Credit union" means a state or federal credit
union.
(6) "Department" means the Texas Department of Banking.
(7) "District" means a banking development district
under this chapter.
(8) "Financial institution" means a state or national
bank, a state or federal savings bank, or a state or federal savings
and loan association.
(9) "Local government" means a municipality or county.
|