Section 230-RICR-40-15-1.3 - DefinitionsA. Unless otherwise provided by this Regulation or unless the context clearly requires otherwise, terms used in this Regulation shall have the same meaning as the terms as defined in Title 19 of the Rhode Island General Laws. 1. "Board of Trustees" means the governing body of the mutual savings bank, whether it be called the board of trustees or the board of directors. The terms board of trustees or board of directors, for purposes of this Regulation and R.I. Gen. Laws §§ 19-2-14 and 19-2-14.1 are interchangeable.2. "Eligible Depositor," for purposes of this Regulation, means a depositor holding qualifying deposits, as defined in the plan of conversion, as of a date designated in the plan of conversion which is not less than one (1) year prior to the date of adoption of the plan of conversion by the board of trustees. The plan of conversion may provide that any deposit accounts with total deposit balances of less than fifty dollars ($50.00) shall not constitute a qualifying deposit.230 R.I. Code R. 230-RICR-40-15-1.3