{"data":{"id":"us-nj/n.j.-stat.-5-12-47","jurisdiction":"us-nj","citation":"N.J. Stat. § 5:12-47","heading":"\"Subsidiary\"","body":"\"Subsidiary\" --a.  Any corporation, any significant part of whose outstanding equity securities are owned, subject to a power or right of control, or held with power to vote, by a holding company or an intermediary company;  or\nb.   A significant interest in any firm, association, partnership, trust or  other form of business organization, not a natural person, which is owned, subject to a power or right of control, or held with power to vote, by a holding company or an intermediary company.\nL.1977, c. 110, s. 47, eff. June 2, 1977.  Amended by L.1979, c. 282, s. 9, eff. Jan. 9, 1980.","path":["TITLE 5 AMUSEMENTS, PUBLIC EXHIBITIONS AND MEETINGS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"add74fb1d6c938e99a16bdd497e470a6db261852d434d94766e25f32b6997d3d","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-5-12-46","next":"us-nj/n.j.-stat.-5-12-47.2"},"notice":"GroundRules: Original legal text. Not legal advice."}