Controlling shareholder

Controlling shareholder means any person who directly or indirectly or acting in concert with one or more persons or companies, or together with members of his or her immediate family, owns, controls, or holds with power to vote 10 percent or more of the voting stock of a company or controls in any manner the election or appointment of a majority of the company's board of directors.

Source

12 CFR § 574.2

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Scoping language

As used in this part and in the forms under this part, the following definitions apply, unless the context otherwise requires:

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