| http://www.w3.org/ns/prov#value | - .S. based subsidiaries must be held under the IHC, with some limited flexibility provided by the FRB to hold U.S. assets under a multiple holding company structure.8 If an IHC is required, it must be a U.S. corporation (or other entity, such as a limited liability company) formed under the laws of the United States, one of the 50 States, or the District of Columbia.
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