§ 26-1401.02. Definitions.

(1) "Affiliate" shall have the same meaning as set forth in § 26-551.02(1).

(2) "Appropriate federal financial institutions agency" shall have the same meaning as set forth in § 26-551.02(2).

(3) "Bank holding company" shall have the same meaning as set forth in section 2(a) of the Bank Holding Company Act of 1956, approved May 9, 1956 (70 Stat. 133; 12 U.S.C. § 1841(a)).

(4) "Capital" shall have the same meaning as set forth in § 26-551.02(6).

(5) "Capital accounts" means unimpaired capital stock, unimpaired surplus, and undivided profits or retained earnings of a financial institution.

(6) "Capital stock" means the aggregate of shares of nonwithdrawable capital stock issued.

(7) "Commissioner" shall have the same meaning as set forth in § 26- 551.02(7).

(8) "Community Reinvestment Act" means the Community Reinvestment Act of 1977, approved October 12, 1977 (91 Stat. 1147; 12 U.S.C. § 2901 et. seq.).

(9) "Department" shall have the same meaning as set forth in § 26-551.02(9).

(10) "Director" shall have the same meaning as set forth in § 26-551.02(10).

(11) "District" means the District of Columbia.

(12) "District of Columbia Banking Code" shall have the same meaning as set forth in § 26-551.01(14).

(13) "District savings institution" shall have the same meaning as set forth in § 26-551.02(15).

(14) "Equity securities" means a security representing an ownership interest in a corporation.or independent agency head

(15) "Federal agency" shall have the same meaning as set forth in § 26- 551.02(17).

(16) "Federal financial institutions agency" means a federal government agency with regulatory authority over a financial institution.

(17) "Federally chartered savings institutions" means a financial institution chartered by the Office of Thrift Supervision, or a successor agency to the Office of Thrift Supervision.

(18) "Financial institution" shall have the same meaning as set forth in § 26-551.02(18).

(19) "Investment securities" means commercial paper, banker's acceptances, marketable securities in the form of bonds, notes, and debentures, and similar instruments that are regarded as investment securities.

(20) "Loan" includes a line of credit or other extension of credit.

(21) "Low-income" means an individual income that is less than 60% of the median individual income for the Washington, D.C. metropolitan area according to the statistics of the United States Department of Housing and Urban Development or a median family income that is less than 60% of the median family income for the Washington, D.C. metropolitan area according to the statistics of the United States Department of Housing and Urban Development.

(22) "Moderate-income" means an individual income that is at least 60%, and less than 80%, of the median individual income for the Washington, D.C. metropolitan area according to the statistics of the United States Department of Housing and Urban Development, or a median family income that is at least 60%, and less than 80%, of the median family income for the Washington, D.C. metropolitan area according to the statistics of the United States Department of Housing and Urban Development.

(23) "National bank" means a financial institution chartered and supervised by the Office of the Comptroller of the Currency, or a successor agency to the Office of the Comptroller of the Currency.

(24) "Person" shall have the same meaning as set forth in § 26-551.02(21).

(25) "Savings institution" shall have the same meaning as set forth in § 26- 551.02(23).

(26) "State bank" means a bank chartered and supervised by a financial institutions agency of a state of the United States.

(27) "State financial institutions agency" means a government agency of a state of the United States authorized to charter and supervise financial institutions.

(28) "Subsidiary" shall have the same meaning as set forth in § 26- 551.02(24).

(29) "Superior Court" means the Superior Court of the District of Columbia.

(30) "Universal bank" means a financial institution which is authorized by its articles of incorporation or other organizational documents to act as a financial institution and is certified under this chapter as a universal bank.