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Rule 12b-5 17CFR240_12b_5

Determination of Affiliates of Banks
 


In determining whether a person is an " affiliate" or " parent" of a bank or whether a bank is a " subsidiary" or " majority-owner subsidiary" of a person within the meaning of those terms as defined in Rule 12b-2, voting securities of the bank held by a corporation all of the stock of which is directly owned by the United States Government shall not be taken into consideration.


Regulatory History

SEC Release 34-4194:  13 FR 9321, Dec. 31, 1948

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