What is the definition of Financial Institution according to Pennsylvania law?
Title 23 of Pennsylvania Consolidated Statutes Annotated (Pa. C.S.A.) §4304.1(g) defines “financial institution” as follows: . A depository institution, as defined by section 3(c) of the Federal Deposit Insurance Act (64 Stat.873, 12 U.S.C 1813(c)); . An institution-affiliated party, as defined by section 3(u) of the Federal Deposit Insurance Act; . A Federal Credit union or State credit union, as defined in section 101 of the Federal Credit Union Act (48 Stat. 1216, 12 U.S.C 1752), including an institution-affiliated party of such a credit union, as defined in section 206(r) of the Federal Credit Union Act; and . A benefit association, insurer, safe deposit company, money market mutual fund or similar entity authorized to do business in this commonwealth. Back to Question (A) 2.
• A depository institution, as defined by section 3(c) of the Federal Deposit Insurance Act (64 Stat.873, 12 U.S.C 1813(c)); • An institution-affiliated party, as defined by section 3(u) of the Federal Deposit Insurance Act; • A Federal Credit union or State credit union, as defined in section 101 of the Federal Credit Union Act (48 Stat. 1216, 12 U.S.C 1752), including an institution-affiliated party of such a credit union, as defined in section 206(r) of the Federal Credit Union Act; • A benefit association, insurer, safe deposit company, money market mutual fund or similar entity authorized to do business in this commonwealth. Title 23 of Pennsylvania Consolidated Statutes Annotated (Pa. C.S.A.) §4304.1(g) defines “financial institution” as follows: • A depository institution, as defined by section 3(c) of the Federal Deposit Insurance Act (64 Stat.873, 12 U.S.C 1813(c)); • An institution-affiliated party, as defined by section 3(u) of the Federal Deposit Insurance Act; • A Federal
