### Question
How does BANK HOLDING COMPANIES define qualified family partnership?


### Answer
Under *12 U.S.C. § 1841*, **qualified family partnership** is defined as:

> a general or limited partnership that the Board determines—


(A) does not directly control any bank, except through a registered bank holding company

#### Citation:
  - *12 U.S.C. § 1841*
  - Heading: **CHAPTER 17-BANK HOLDING COMPANIES**

