Connecticut General Statutes 19a-630a – Affiliate deemed controlled by another person
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For purposes of this chapter, an affiliate is deemed controlled by another person if the other person, or one of that other person’s affiliates, officers or management employees, acting in such capacity, acts as a general partner of a general or limited partnership or manager of a limited liability company.
Terms Used In Connecticut General Statutes 19a-630a
- Affiliate: means a person, entity or organization controlling, controlled by or under common control with another person, entity or organization. See Connecticut General Statutes 19a-630
- another: may extend and be applied to communities, companies, corporations, public or private, limited liability companies, societies and associations. See Connecticut General Statutes 1-1
- 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.
- Person: means any individual, partnership, corporation, limited liability company, association, governmental subdivision, agency or public or private organization of any character, but does not include the agency conducting the proceeding. See Connecticut General Statutes 19a-630