### Question
How does BANK HOLDING COMPANIES define qualified savings association?


### Answer
Under *12 U.S.C. § 1843*, **qualified savings association** is defined as:

> any savings association that—


(i) was chartered or organized as a savings association before June 1, 1991

#### Citation:
  - *12 U.S.C. § 1843*
  - Heading: **CHAPTER 17-BANK HOLDING COMPANIES**

