Affiliated person.

CFR · 2024-01-01 · US · Title 12

The term (a) A director, officer, or controlling person of such association; (b) A spouse of a director, officer, or controlling person of such association; (c) A member of the immediate family of a director, officer, or controlling person of such association, who has the same home as such person or who is a director or officer of any subsidiary of such association or of any holding company affiliate of such association; (d) Any corporation or organization (other than the savings association or a corporation or organization through which the savings association operates) of which a director, officer or the controlling person of such association: (1) Is chief executive officer, chief financial officer, or a person performing similar functions; (2) Is a general partner; (3) Is a limited partner who, directly or indirectly either alone or with his or her spouse and the members of his or her immediate family who are also affiliated persons of the association, owns an interest of 10 percent or more in the partnership (based on the value of his or her contribution) or who, directly or indirectly with other directors, officers, and controlling persons of such association and their spouses and their immediate family members who are also affiliated persons of the (4) Directly or indirectly either alone or with his or her spouse and the members of his or her immediate family who are also affiliated persons of the association, owns or controls 10 percent or more of any class of equity s

official document · source cfr-2024 · id 12:§ 161.5