### Question
How does SAVINGS ASSOCIATIONS define tangible capital?


### Answer
Under *12 U.S.C. § 1464*, **tangible capital** is defined as:

> core capital minus any intangible assets (as intangible assets are defined by the Comptroller for national banks)

#### Citation:
  - *12 U.S.C. § 1464*
  - Heading: **CHAPTER 12-SAVINGS ASSOCIATIONS**

