6-211. Definitions
In this article, unless the context otherwise requires:
1. " Converting bank" means a bank converting from a national to a state bank, or the reverse.
2. " In-state financial institution" means a state or national bank or savings and loan association with its home office in this state, or holding company with its home office in this state.
3. " Merger" includes consolidation.
4. " National bank" means a national banking association located in this state.
5. " Out-of-state financial institution" means a state or national bank or savings and loan association with its home office in a state other than this state, or holding company with its home office in a state other than this state.
6. " Resulting bank" means the bank resulting from a merger or conversion.
7. " State bank" means a corporation holding a banking permit under the laws of this state.
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