---
kind: "section"
citation: "12 C.F.R. § 347.110"
title: "12"
number: "347.110"
heading: "Affiliate holdings."
url: "https://uscodex.org/cfr/12/347.110"
---

# §347.110. Affiliate holdings.


References in §§ [347.107](/cfr/12/347.107.md), [347.108](/cfr/12/347.108.md), and [347.109](/cfr/12/347.109.md) to equity interests of foreign organizations held by an affiliate of a bank include equity interests held in connection with an underwriting or for distribution or dealing by an affiliate permitted to do so by §§ [362.8](/cfr/12/362.8.md) or [362.18](/cfr/12/362.18.md) of this chapter or section 4(c)(8) of the Bank Holding Company Act ([12 U.S.C. 1843(c)(8)](/usc/12/1843.md?p=c-8)).


## Notes

### Authority

Authority: 12 U.S.C. 1813, 1815, 1817, 1819, 1820, 1828, 3103, 3104, 3105, 3108, 3109; Pub L. No. 111-203, section 939A, 124 Stat. 1376, 1887 (July 21, 2010) (codified 15 U.S.C. 78o-7 note).

### Source

Source: 70 FR 17560, Apr. 6, 2005, unless otherwise noted.