§ 3.1. Definitions.

 The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise:

   Application—A proposal to charter or license an institution, to establish a branch, to merge or consolidate with or purchase the assets of an institution where the resulting institution is Commonwealth chartered or licensed, or to relocate an office.

   Business day—A day on which Commonwealth offices remain open, excluding Saturdays, Sundays, or legal holidays.

   Hearing file—That file compiled in contemplation of a hearing, consisting of the application accompanied by supporting data and supplementary information.

   Interested person—A person with an interest in an application.

   Legal holiday—A day in which Commonwealth offices remained closed.

   Objecting person—An interested person who submits an objection to the Department.

   Objection—A written statement of opposition to approval of an application by the Department.

   Protest—A written statement which opposes approval of an application and which requests a hearing before the Department.

   Protesting person—A financial institution which submits a protest to the Department.