# 12 CFR § 390.283: Affiliate

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-390.283

## Section

- **Citation:** 12 CFR § 390.283
- **Heading:** Affiliate
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER III—FEDERAL DEPOSIT INSURANCE CORPORATION > SUBCHAPTER B—REGULATIONS AND STATEMENTS OF GENERAL POLICY > PART 390—REGULATIONS TRANSFERRED FROM THE OFFICE OF THRIFT SUPERVISION > Subpart Q—Definitions for Regulations Affecting All State Savings Associations

## Text

The term affiliate of a State savings association, unless otherwise defined, means any corporation, business trust, association, or other similar organization:
(a) Of which a State savings association, directly or indirectly, owns or controls either a majority of the voting shares or more than 50 per centum of the number of shares voted for the election of its directors, trustees, or other persons exercising similar functions at the preceding election, or controls in any manner the election of a majority of its directors, trustees, or other persons exercising similar functions; or
(b) Of which control is held, directly or indirectly through stock ownership or in any other manner, by the shareholders of a State savings association who own or control either a majority of the shares of such State savings association or more than 50 per centum of the number of shares voted for the election of directors of such State savings association at the preceding election, or by trustees for the benefit of the shareholders of any such State savings association; or
(c) Of which a majority of its directors, trustees, or other persons exercising similar functions are directors of any one State savings association.

## Nearby sections

- [12 CFR § 390.280 § 390.280 When do the definitions in this subpart apply?](https://www.frixlaw.com/law-library/statutes/ecfr-12-390.280.md)
- [12 CFR § 390.281 § 390.281 Account.](https://www.frixlaw.com/law-library/statutes/ecfr-12-390.281.md)
- [12 CFR § 390.282 § 390.282 Accountholder.](https://www.frixlaw.com/law-library/statutes/ecfr-12-390.282.md)
- [12 CFR § 390.283 § 390.283 Affiliate.](https://www.frixlaw.com/law-library/statutes/ecfr-12-390.283.md)
- [12 CFR § 390.284 § 390.284 Affiliated person.](https://www.frixlaw.com/law-library/statutes/ecfr-12-390.284.md)
- [12 CFR § 390.285 § 390.285 Audit period.](https://www.frixlaw.com/law-library/statutes/ecfr-12-390.285.md)
- [12 CFR § 390.286 § 390.286 Certificate account.](https://www.frixlaw.com/law-library/statutes/ecfr-12-390.286.md)
- [12 CFR § 390.287 § 390.287 Consumer credit.](https://www.frixlaw.com/law-library/statutes/ecfr-12-390.287.md)
- [12 CFR § 390.288 § 390.288 Controlling person.](https://www.frixlaw.com/law-library/statutes/ecfr-12-390.288.md)
- [12 CFR § 390.289 § 390.289 Corporation.](https://www.frixlaw.com/law-library/statutes/ecfr-12-390.289.md)
- [12 CFR § 390.290 § 390.290 Demand accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-12-390.290.md)
- [12 CFR § 390.291 § 390.291 Director.](https://www.frixlaw.com/law-library/statutes/ecfr-12-390.291.md)
- [12 CFR § 390.292 § 390.292 Financial institution.](https://www.frixlaw.com/law-library/statutes/ecfr-12-390.292.md)
- [12 CFR § 390.293 § 390.293 Immediate family.](https://www.frixlaw.com/law-library/statutes/ecfr-12-390.293.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-390.283. Check the current official text before relying on it. Not legal advice.