For the purposes of this article:

   (1)   "Bank" shall mean a bank or savings bank;

   (2)   "Board of directors" shall include the board of directors of a bank, and the board of managers of a savings bank;

   (3)   "Director" shall include a director of a bank and a manager of a savings bank;

   (4)   "Assets" or "property" shall include property held in fiduciary capacities; and

   (5)   The "business" of a bank shall include its fiduciary relationships.

   L.1948, c.67,s.266; amended 1976,c.6,s.1.