Nonbank covered person

Nonbank covered person means, except for persons described in 12 U.S.C. 5515 and 5516(a):
(1) Any person that engages in offering or providing a consumer financial product or service; and
(2) Any affiliate of a person that engages in offering or providing a consumer financial product or service if such affiliate acts as a service provider to such person.

Source

12 CFR § 1090.101

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Scoping language

For the purposes of this part, the following definitions apply:

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