GroundRules
CORP § 160
Where this section sits in the code
- Corporations Code - CORP
- TITLE 1. CORPORATIONS [100. - 14707.]
- DIVISION 1. GENERAL CORPORATION LAW [100. - 2319.]
- CHAPTER 1. General Provisions and Definitions [100. - 195.]
(a) Except as provided in subdivision (b), “control” means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a corporation.
(b) “Control” in Sections 181, 1001, and 1200 means the ownership directly or indirectly of shares or equity securities possessing more than 50 percent of the voting power of a domestic corporation, a foreign corporation, or an other business entity.
Collected 2026-09-14T05:56:33Z. Source file · JSON