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Financial Institutions Act | |
Credit Information Exchange | |
Section 1 | Definitions. |
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7-14-1. Definitions. As used in this chapter: (1) "Depository institution" means any institution authorized by state or federal law to accept and hold demand deposits or other accounts which may be used to effect third party payment transactions. The definition of "depository institution" in Chapter 1 does not apply to Chapter 14. (2) "Credit reporting agency" includes any co-operative credit reporting agency maintained by an association of financial institutions or one or more associations of merchants.
Amended by Chapter 20, 1995 General Session |
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