Control means a person or entity directly or indirectly, or acting through or together with one or more persons or entities:
(1) Owns, controls, or has the power to vote 25 percent or more of any class of voting securities of another person or entity;
(2) Controls, in any manner, the election of a majority of the directors, trustees, or other persons exercising similar functions of another person or entity; or
(3) Has the power to exercise a controlling influence over the management or policies of another person or entity.


12 CFR § 723.2

Scoping language

For purposes of this part, the following definitions apply:

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