Can a Trust or an Agreement be a “Company” Under the Bank Holding Company Act?

One of the most consequential determinations under the Bank Holding Company Act is whether an arrangement constitutes a “company.” Under section 2(b) of the BHC Act (12 U.S.C. § 1841(b)) and 12 CFR 225.2(d)(1), the term “company” includes any bank, corporation, general or limited partnership, business trust, association, or similar organization. But what about voting … Continue reading “Can a Trust or an Agreement be a “Company” Under the Bank Holding Company Act?”