Principal Shareholder Law and Legal Definition
According to 12 CFR 2.2 [Title 12 Banks and Banking; Chapter I Comptroller Of The Currency, Department Of The Treasury; Part 2 Sales Of Credit Life Insurance ], principal shareholder means "any shareholder who directly or indirectly owns or controls an interest of more than ten percent of the bank's outstanding voting securities."
Legal Definition list
- Principal Residence [HUD]
- Principal Representative [Department of State Standardized Regulations]
- Principal Register
- Principal Place of Business
- Principal Obligor
- Principal Shareholder
- Principal Underwriter
- Principal-Protected Pool
- Principal, Interest, Tax, Insurance(PITI)
- Principia Probant, Non Probantur
- Principle
