(1) an eligible institution; or

(2) a bank, trust company, savings association, credit union, or other entity as described in 20 U.S.C. § 1085(d) whose primary consumer credit function is not the making of guaranteed student loans and which is examined and supervised by the appropriate state or federal regulatory agency.

[Pre-2007 Higher Education Recodification Citation: 20-12-21.1-1(a).]

As added by P.L.2-2007, SEC.257.