Section 30A.36.010. Definitions.  


Latest version.
  • Capital notes or debentures, where used in this chapter, shall mean notes or other obligations issued by a bank or mutual savings bank, for money obtained and used as additional capital or to replace impaired capital stock: PROVIDED, Such notes or other obligations are subordinate to the rights of depositors and other creditors.
    The term "capital" where used in this chapter shall mean capital stock and/or capital notes.