### Question
How is the term domestic building and loan association defined?


### Answer
The term **domestic building and loan association** is defined in *26 U.S.C. § 7701* as the following:

> a domestic building and loan association, a domestic savings and loan association, and a Federal savings and loan association—


(A) which is subject by law to supervision and examination by State or Federal authority having supervision over such associations

#### Citation:
  - *26 U.S.C. § 7701*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 79-DEFINITIONS**

