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2018 Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 10. Model Foreign Bank Loan Act
Sec. 06.10.040. Definitions.
Universal Citation: AK Stat § 06.10.040 (2018)
In this chapter,
(1) “foreign bank” means a bank, trust company, savings bank, industrial bank, building and loan association, savings and loan association, credit union or other similar lending organization the principal office of which is in another state whether incorporated or unincorporated and whether acting in its individual capacity or in a fiduciary capacity, but does not include small loan companies of the general character covered by AS 06.20 (Alaska Small Loans Act);
(2) “state” means any state in the United States, the District of Columbia, Guam, the Commonwealth of Puerto Rico, and the Virgin Islands.
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