Under the Home Owners’ Loan Act (HOLA), a savings and loan holding company (SLHC) includes any company that directly or indirectly controls either a savings association or any other company that is an SLHC.1 The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) amended HOLA to exclude from the definition of an SLHC any company that controls only one savings association subsidiary, provided that subsidiary functions solely in a trust or fiduciary capacity as described in section 2(c)(2)(D) of the Bank Holding Company Act (BHC Act).2 Accordingly, as of July 22, 2011, an SLHC that qualifies for this exclusion may submit a request to the Board to deregister as an SLHC.3 All other deregistration requests (i.e., those that are not filed pursuant to 12 USC 1467a(1)(D)(ii)(II)) should be directed to the appropriate Reserve Bank.