12 CFR 569.1 - Definitions.
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As used in this part:
(a) Security holder. The term security holder means any person having the right to vote in the affairs of a savings association by virtue of:
For purposes of this part, the term security holder shall include any account holder having the right to vote in the affairs of a mutual savings association.
(b) Person. The term person includes, in addition to natural persons, corporations, partnerships, pension funds, profit-sharing funds, trusts, and any other group of associated persons of whatever nature.
(c) Proxy. The term proxy includes every form of authorization by which a person is, or may be deemed to be, designated to act for the security holder in the exercise of his or her voting rights in the affairs of a savings association. Such an authorization may take the form of failure to dissent or object.
(3) The furnishing of a form of proxy or other communication to security holders under circumstances reasonably calculated to result in the procurement, withholding, or revocation of a proxy.
The terms do not apply, however, to the furnishing of a form of proxy to a security holder upon the request of such security holder or to the performance by any person of ministerial acts on behalf of a person soliciting a proxy.
Title 12 published on 2014-01-01
no entries appear in the Federal Register after this date.