---
kind: "section"
citation: "12 C.F.R. § 161.37"
title: "12"
number: "161.37"
heading: "Parent company; subsidiary."
url: "https://uscodex.org/cfr/12/161.37"
---

# §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.


## Notes

### Amendments

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

### Authority

Authority: 12 U.S.C. 1462a, 1463, 1464, 1467a, 5412(b)(2)(B).

### Source

Source: 76 FR 49043, Aug. 9, 2011, unless otherwise noted.

### Amendments

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