17 C.F.R. § 240.12b-5

Current through February 29, 2024
Section 240.12b-5 - Determination of affiliates of banks

In determining whether a person is an "affiliate" or "parent" of a bank or whether a bank is a "subsidiary" or "majority-owner subsidiary" of a person within the meaning of those terms as defined in § 240.12b-2 , voting securities of the bank held by a corporation all of the stock of which is directly owned by the United States Government shall not be taken into consideration.

17 C.F.R. §240.12b-5