Affiliated corporation

Affiliated corporation means a corporation of which all the common stock is owned directly or indirectly by the firm or general partners and employees of the firm, or by the corporation or holders of the controlling stock and employees of the corporation, and the affiliation has been approved by the creditor's examining authority.

Source

12 CFR § 220.2


Scoping language

The terms used in this part have the meanings given them in section 3 of the Act or as defined in this section as follows:

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