### Question
How does the law define Holding Company?


### Answer
Under *20 U.S.C. § 1087*, **Holding Company** is defined as:

> the new business corporation established pursuant to this section by the Association under the laws of any State of the United States or the District of Columbia for the purposes of the reorganization and restructuring described in subsection (a) of this section

#### Citation:
  - *20 U.S.C. § 1087*
  - Heading: **CHAPTER 28-HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE > SUBCHAPTER IV-STUDENT ASSISTANCE > Part B-Federal Family Education Loan Program**

