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 section 5312 or 31 Code of Federal Regulations section 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.