(1) "Cannabis credit co-op" or "co-op" means a marijuana financial services cooperative.
(2) "Commissioner" means the state commissioner of financial services appointed pursuant to section 11-44-102.
(3) "Division" means the division of financial services created in section 11-44-101.
(4) "Licensed marijuana business" means an entity licensed pursuant to section 44-11-402, 44-11-403, 44-11-404, 44-12-402, 44-12-403, 44-12-404, or 44-12-405.
(5) "Member" means a licensed marijuana business, industrial hemp business, or an entity that provides goods or services to a licensed marijuana business and that provides documentation to the co-op of an inability to get comparable services from a bank or credit union, acting through one or more of its current partners, executive officers, or directors.
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