In this article, unless the context otherwise requires:

1. "Authorized delegate" means a person that a licensee designates to engage in money transmission on behalf of the licensee pursuant to article 1 of this chapter.

2. "Licensee" means a person that is licensed under article 1 of this chapter.

3. "Money transmitter" means a person that meets the definition of a bank, financial agency or financial institution as prescribed by 31 United States Code § 5312 or 31 C.F.R. § 1010.100.

4. "Trade or business" has the same meaning prescribed in section 162 of the internal revenue code and includes the money accumulation business.