Section 20-780. Definitions

a. "Person" shall mean any individual, firm,
  partnership, trust, association, corporation or other legal entity. This
  term  shall  not  include  any  individual,  firm,  partnership,  trust,
  association,  corporation  or  other legal entity that accepts federally
  insured deposits, such as  national  banks,  state-chartered  banks,  or
  savings  and  loan  associations,  or any individual, firm, partnership,
  trust, association, corporation or other legal entity  regulated  by  or
  subject  to  the  rules and regulations of the Board of Governors of the
  Federal Reserve System, Office  of  the  Comptroller  of  the  Currency,
  Federal Deposit Insurance Corporation or Office of Thrift Supervision of
  the Department of the Treasury.
    b.  "Payday loan," also known as, among other terms, "deferred deposit
  advances,"  "cash  on  demand"  or  "cash  advance,"  shall   mean   any
  transaction in which funds are provided to a consumer for a limited time
  period  in  exchange for (i) a consumer's personal check or share draft,
  in the amount of the funds provided to the consumer plus  a  fee,  where
  presentment  or  negotiation of such check or share draft is deferred by
  agreement of the parties until a  designated  future  date;  or  (ii)  a
  consumer's authorization to debit the consumer's transaction account, in
  the  amount of the funds provided to the consumer plus a fee, where such
  account will be debited on or after a designated future date.
    * NB There are 2 § 20-780's