In this chapter,
(1) “commissioner” means the commissioner of commerce, community, and economic development;
(2) “credit union” means a cooperative association organized in accordance with the provisions of this chapter for the purpose of promoting thrift among its members and creating a source of credit for provident or productive purposes;
(3) “credit union association” means an organization established primarily to serve the needs of its member credit unions under regulations adopted by the commissioner.
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