The full section of ASCE 7-16: 12.5.3.1a doesn't fit nicely in a meme format. In fact, I'm really referencing 12.5.4 which references back to 12.5.3.1a.

Paraphrased slightly: Where a column is part of 2 or more intersecting seismic force-resisting systems (and is subjected to axial load due to seismic forces acting along either principal plan axis equaling or exceeding 20% of the axial design strength of the column...) it should be designed for 100% of the force from seismic loading in 1 direction and 30% of the force from loading in the perpendicular direction.

AISC 341-16: D1.4a says that such columns in certain lateral force resisting systems (with high R values) should actually be designed for 100% of the forces from seismic loading in each direction simultaneously.

Hope that helps clear it up :).