DEFINITIONS.

47.27 DEFINITIONS. § Subdivision 1.Scope. Unless the language or context clearly indicates that a different meaning is intended, the words, terms, and phrases defined in subdivisions 2, 3 and 4, shall, for the purposes of sections 47.27 to 47.30, be given the meanings subjoined to them. § Subd. 2.Savings bank. "Savings bank" shall have the meaning set forth in sections 47.01 and 47.02. § Subd. 3.Savings association. "Savings association" shall have the meaning set forth in section 51A.02, subdivision 7. § Subd. 4.Federal association. "Federal association" means a savings association, savings and loan association or savings bank organized under that certain act of Congress known as The Home Owners Loan Act of 1933, and acts amendatory thereof. History: 1949 c 337 s 1; 1984 c 592 s 1; 1995 c 171 s 15; 1995 c 202 art 1 s 25; 1996 c 414 art 1 s 45; 1997 c 157 s 67; 1998 c 254 art 1 s 9; 1998 c 260 s 1; 1999 c 151 s 12