N.J. Stat. § 17:9A-266: Definitions

For the purposes of this article:

(1) "Bank" shall mean a bank or savings bank;

(2) "Board of directors" shall include the board of directors of a bank, and the board of managers of a savings bank;

(3) "Director" shall include a director of a bank and a manager of a savings bank;

(4) "Assets" or "property" shall include property held in fiduciary capacities; and

(5) The "business" of a bank shall include its fiduciary relationships.

L.1948, c.67,s.266; amended 1976,c.6,s.1.