### Question
How does the law define banking entity?


### Answer
Under *12 U.S.C. § 1851*, **banking entity** is defined as:

> any insured depository institution (as defined in section 1813 of this title), any company that controls an insured depository institution, or that is treated as a bank holding company for purposes of section 8 of the International Banking Act of 1978, and any affiliate or subsidiary of any such entity

#### Citation:
  - *12 U.S.C. § 1851*
  - Heading: **CHAPTER 17-BANK HOLDING COMPANIES**

