company law
131bank holding company — USA A bank holding company is any entity that meets any of the following requirements: • Directly or indirectly owns, controls or has the power to vote 25% or more of a class of a bank s securities. • Controls in any manner the election of a… …
132Bank Holding Company Act of 1956, as amended — (BHC Act) USA The federal statute regulating the acquisition, ownership and control of banks by companies. The BHC Act consists of three primary sections: • Section 2 defines the BHC Act s operative terms, including bank …
