Utah Admin. Code R343-3-2 - Definitions
(1) "Affiliate"
means any company which controls, is controlled by, or is under common control
with a depository institution that is subject to the jurisdiction of a federal
banking agency.
(2) "Form MU4"
means the Uniform Individual Mortgage License/Registration and Consent form
adopted by the nationwide database.
(3) "Owned and controlled by a depository
institution" means a subsidiary entity that is owned by a parent financial
institution that has direct or indirect power to direct or exercise a
controlling influence over management or policies.
Notes
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