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As used in this Chapter, the term “institution-affiliated party” means:

(1)  A director, officer, employee, agent, or controlling stockholder of a savings bank operating under this Chapter.

(2)  A person who has filed or is required to file a change-in-control notice with the commissioner.

(3)  A shareholder of, consultant to, joint venture partner of, or an independent contractor, including accountants, appraisers, and attorneys, for a savings bank.

(4)  Any other person who participates in a significant way in the affairs of a savings bank under this Chapter.

Acts 1990, No. 816, §1, eff. Sept. 1, 1990.