12 C.F.R. § 338.6

Definitions applicable to this subpart.

Last amended: 2021Year: 2026Length: 105 wordsOfficial source

Cite as 12 C.F.R. § 338.6 (2026)

For purposes of this subpart— (a) Bank means an insured State nonmember bank as defined in section 3 of the Federal Deposit Insurance Act, 12 U.S.C. 1813. (b) Controlled entity means a corporation, partnership, association, or other business entity with respect to which a bank possesses, directly or indirectly, the power to direct or cause the direction of management and policies, whether through the ownership of voting securities, by contract, or otherwise. (c) FDIC-supervised institution means either a bank or a State savings association. (d) State savings association has the same meaning as in section 3(b)(3) of the Federal Deposit Insurance Act, 12 U.S.C. 1813(b)(3).
Cross-references to the US Code
12:181312:1813.
12 C.F.R. § 338.6: Definitions applicable to this subpart. | Justis AI