12 CFR 169.1 - Definitions.
As used in this part:
(1) The term security holder means any person having the right to vote in the affairs of a savings association by virtue of:
(i) Ownership of any security of the association or
(ii) Any indebtedness to the association.
(2) 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.
(1) The terms solicit and solicitation refer to:
(ii) Any request to execute, not execute, or revoke a proxy; or
(2) 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 2015-12-05.
No entries appear in the Federal Register after this date, for 12 CFR Part 169.