12 CFR 161.37 - Parent company; subsidiary.

Regulations last checked for updates: May 18, 2024

Title 12 - Banks and Banking last revised: May 14, 2024

View all text of Part 161 [§ 161.1 - § 161.55]

§ 161.37 - Parent company; subsidiary.

The term subsidiary means any company which is owned or controlled directly or indirectly by a person, and includes any service corporation owned in whole or in part by a savings association, or a subsidiary of such service corporation.

[76 FR 49043, Aug. 9, 2011, as amended at 85 FR 42643, July 14, 2020]

authority: 12 U.S.C. 1462a,1463,1464,1467a,5412

source: 76 FR 49043, Aug. 9, 2011, unless otherwise noted.

cite as: 12 CFR 161.37