### Question
What is the definition of eligible financial company?


### Answer
The definition of **eligible financial company** is as follows in *12 U.S.C. § 5390*:

> any bank holding company with total consolidated assets equal to or greater than $50,000,000,000 and any nonbank financial company supervised by the Board of Governors

#### Citation:
  - *12 U.S.C. § 5390*
  - Heading: **CHAPTER 53-WALL STREET REFORM AND CONSUMER PROTECTION > SUBCHAPTER II-ORDERLY LIQUIDATION AUTHORITY**

