12 CFR 161.37

§ 161.37 Parent company; subsidiary.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 161.37, § 161.37 Parent company; subsidiary, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43849
Permanent ID: ys:prov:43849@1
SHA-256: a8817a19e48dc8e913a3c227a2bcbe21ea62849d2dee135819e7e53022a06956

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

The term subsidiary means any company which is owned or controlled directly or indirectly by a person, and includes any service corporation owned in whole or in part by a savings association, or a subsidiary of such service corporation.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.