specified holder

(I)The term “specified holder” means, with respect to any insurance company, any individual who holds (directly or indirectly) an interest in such insurance company and who is a spouse or lineal descendant (including by adoption) of an individual who holds an interest (directly or indirectly) in the specified assets with respect to such insurance company.

Source

26 USC § 831(b)(2)(B)(ii)(I)


Scoping language

None: Default is title Scope
Is this correct? or