### Question
How does the law define affiliate?


### Answer
Under *12 U.S.C. § 1462*, **affiliate** is defined as:

> any person that controls, is controlled by, or is under common control with, a savings association, except as provided in section 1467a of this title

#### Citation:
  - *12 U.S.C. § 1462*
  - Heading: **CHAPTER 12-SAVINGS ASSOCIATIONS**

