§ 108.460 Restrictions on Common Control or ownership of two (or more) NMVC Companies

Terms Used In CFR > Title 13 > Chapter I > Part 108 > Subpart F > Restrictions on Common Control or Ownership of Two or More NMVC Companies

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • employee: as used in this part , shall include the individual or individuals by or in behalf of whom the form is filed. See 20 CFR 325.5
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • you: as used in this part 108 means a NMVC Company unless otherwise noted. See 13 CFR 108.40