Section 10(c)(2)(H) of the
HOLA (12 U.S.C. 1467a(c)(2)(H)) permits a savings and loan holding
company to engage in activities that are permissible for a financial
holding company if the savings and holding company meets the criteria
to qualify as a financial holding company and complies with all of
the requirements applicable to a financial holding company under sections
4(l) and 4(m) of the BHC Act as if the savings and loan holding company
was a bank holding company. This subpart provides the requirements
and restrictions for a savings and holding company to be treated as
a financial holding company for the purpose of engaging in financial
holding company activities. This subpart does not apply to savings
and loan holding companies described in section 10(c)(9)(C) of the
HOLA (12 U.S.C. 1467a(c)(9)(C)).