### Question
What is the definition of separate account?


### Answer
The definition of **separate account** is as follows in *8 U.S.C. § 1153*:

> an account that—


(I) is maintained in the United States by a new commercial enterprise or job creating entity at a federally regulated bank or at another financial institution (as defined in section 20 of title 18) in the United States

#### Citation:
  - *8 U.S.C. § 1153*
  - Heading: **CHAPTER 12-IMMIGRATION AND NATIONALITY > SUBCHAPTER II-IMMIGRATION > Part I-Selection System**

