12 CFR §390.303
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The term parent company means any company which directly or indirectly controls any other company or companies. The term subsidiary means any company which is owned or controlled directly or indirectly by a person, and includes a subsidiary owned in whole or in part by a State savings association, or a subsidiary of that subsidiary.