qualified individual

(2) Qualified individual defined For purposes of this subsection, the term “qualified individual” means any individual, except an individual— (A) who owns at least 1 percent in value of the outstanding stock of the qualified financial institution, (B) who is an officer of the qualified financial institution, (C) who is a sibling (whether by the whole or half blood), spouse, aunt, uncle, nephew, niece, ancestor, or lineal descendant of an individual described in subparagraph (A) or (B), or (D) who otherwise is a related person (as defined in section 267(b) ) with respect to an individual described in subparagraph (A) or (B).

Source

26 USC § 165(l)(2)


Scoping language

For purposes of this subsection
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