### Question
How does the law define nonbank financial company supervised by the Board?


### Answer
Under *12 U.S.C. § 1851*, **nonbank financial company supervised by the Board** is defined as:

> a nonbank financial company supervised by the Board of Governors, as defined in section 5311 of this title

#### Citation:
  - *12 U.S.C. § 1851*
  - Heading: **CHAPTER 17-BANK HOLDING COMPANIES**

