### Question
What does qualified savings association mean?


### Answer
**Qualified savings association** has the following meaning in *12 U.S.C. § 1464*:

> an eligible savings association (as defined in paragraph (3)(B)) which is subject to this paragraph solely because of the real estate investments or other real estate activities of the association's subsidiary, and—


(I) is adequately capitalized (as defined in section 38 of the Federal Deposit Insurance Act [12 U.S.C. 1831*o*])

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

