Qualified Affiliate Law and Legal Definition
According to 12 CFR 362.10 [Title 12 -- Banks and Banking; Chapter III -- Federal Deposit Insurance Corporation; Subchapter B -- Regulations and Statements of General Policy; Part 362 -- Activities of Insured State Banks and Insured Savings Associations; Subpart C -- Activities of Insured State Savings Associations], qualified affiliate means, “in the case of a stock insured state savings association, an affiliate other than a subsidiary or an insured depository institution. In the case of a mutual savings association, "qualified affiliate" means a subsidiary other than an insured depository institution provided that all of the savings association's investments in, and extensions of credit to, the subsidiary are deducted from the savings association's capital.”
Legal Definition list
- Qualified Adoption Expenses [QAE]
- Qualified Active Low-Income Community Business [Tax]
- Qualified Acceptance
- Qualified 501(c) (3) Bonds
- Qualification Standard [Aeronautics and Space]
- Qualified Affiliate
- Qualified and Impartial Mediator [Education]
- Qualified Anti-Terrorism Technology
- Qualified Architectural and Transportation Barrier Removal Expense Vehicle [Internal Revenue]
- Qualified Audiologist
- Qualified Audit Opinion
Related Legal Terms
- Affiliate ( Bankruptcy)
- Affiliate [Banks & Banking]
- Affiliate and Associated Company
- Affiliate of a Declarant
- Affiliate of a Futures Commission Merchant, Commodity Trading Advisor, Commodity Pool Operator or Introducing Broker
- Affiliated Business Arrangement
- Affiliated Company (Gaming Law)
- Affiliated Group
- Affiliated Persons (Securities)
- Affiliated Purchaser
