524.1801 Definitions.

150 words·~1 min read·/ia/chapter-524-banks/524-1801

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

As used in this subchapter unless the context otherwise requires:

1. “Bank holding company” means bank holding company as defined in 12 U.S.C. §1841(a), and also includes a company that would become a bank holding company upon completion of an acquisition.

2. “Company” means company as defined in 12 U.S.C. §1841(b).

3. “Control” means control as provided in 12 U.S.C. §1841(a).

4. “Location” means, for purposes of determining where a bank or bank holding company is located, the following:

a. A bank is located in the state in which its principal place of business or main office is physically located.

b. A bank holding company is located in the state which is its home state as determined under 12 U.S.C. §1841(o)(4).

5. “Out-of-state bank holding company” means out-of-state bank holding company as defined in 12 U.S.C. §1841(o).

[C73, 75, 77, 79, 81, §524.1801]

Referred to in §524.107, 524.1802, 524.1806, 527.5