Control

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

Source

12 CFR § 32.2


Scoping language

None
Is this correct? or