101 Pa. Code § 19.110

Current through Register Vol. 54, No. 49, December 7, 2024

Section 19.110 - Definitions

Section 1. Section 2 of the act of April 8, 1937 (P. L. 262, No. 66), known as the Consumer Discount Company Act, is amended by adding a definition to read:

Section 2. Definitions.-The following terms shall be construed in the act to have the following meanings, except in those instances where the context clearly indicates otherwise:

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"Capital or capitalization" means the legal or stated capital which, at any particular time, is fully paid in and the sum of the par value of all shares issued and outstanding or the amount of consideration received by the corporation for all shares issued and outstanding without par value but is limited to the amount which has been credited to capital stock accounts.

(Note: Definitions not in alphabetical order but added at end.)

Section 1.Section 102 of the act of April 12, 1951 (P. L. 90, No. 21), known as the Liquor Code, is amended by adding a definition to read:

Section 102. Definitions.-The following words or phrases, unless the context clearly indicates otherwise, shall have the meanings ascribed to them in this section:

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"Golf course" shall mean a course having a minimum of nine holes and a total length of at least twenty-five hundred yards.

(Note: Definitions in alphabetical order and placed in proper sequence.)

Section 1. Section 2 of the act of May 2, 1945 (P. L. 382, No. 164), known as the Municipality Authorities Act of 1945, is amended by adding a clause to read:

Section 2. Definitions.-The following terms whenever used or referred to in this act shall have the following meanings, except in those instances where the context clearly indicates otherwise:

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(m) The term "eligible educational institution" shall mean an independent institution of higher education located in and chartered by, the Commonwealth, which is not a State-owned institution, which is operated not for profit, which is determined by the Authority not to be a theological seminary or school of theology or a sectarian and denominational institution and which is approved as eligible by the Authority pursuant to regulations approved by it.

(Note: Definitions not in alphabetical order and added at end)

Section 1.Section 102 of the act of November 30, 1965 (P. L. 847, No. 356), known as the Banking code of 1965, is amended by adding a clause to read: Section 102. Definitions

Subject to additional definitions contained in subsequent chapters of this act which are applicable to specific chapters or sections thereof, the following words and phrases when used in this act shall have, unless the context clearly indicates otherwise, the meanings given to them in this section:

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(bb. 1) "Subsidiary"-a corporation controlled by an institution which owns at least a majority of its shares

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(Note: Definitions in alphabetical order and placed in proper sequence.)

101 Pa. Code § 19.110