Title 12

SECTION 161.37

161.37 Parent company; subsidiary.

§ 161.37 Parent company; subsidiary.

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.

[76 FR 49043, Aug. 9, 2011, as amended at 85 FR 42643, July 14, 2020]