DEFINITIONS.

26-401. Definitions. As used in this section: "Invest" includes any advance of funds to a bank service corporation, whether by the purchase of stock, the making of a loan, or otherwise, except a payment for rent earned, goods sold and delivered, or services rendered prior to the making of such payment; "Applying bank" means a bank applying to a bank service corporation for bank services; and "Stockholding bank" means a bank which owns stock of a bank service corporation. History: [26-401, added 1979, ch. 41, sec. 2, p. 80.]