California Financial Code 31054 – “Subsidiary”, when used with respect to a specified person other than …
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“Subsidiary”, when used with respect to a specified person other than a natural person, means any person other than a natural person controlled by such specified person, directly or indirectly through one or more intermediaries.
(Added by Stats. 1977, Ch. 1164.)
Terms Used In California Financial Code 31054
- Person: includes any person, firm, partnership, association, corporation, company, limited liability company, syndicate, estate, trust, business trust, or organization of any kind. See California Financial Code 18