{"data":{"id":"us-sc/s.c.-code-ann.-35-2-216","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 35-2-216","heading":"\"Subsidiary\" defined.","body":"As used in this article, \"subsidiary\" of any resident domestic corporation means any other corporation of which voting shares having a majority of the outstanding voting shares of the other corporation entitled to be cast are owned (directly or indirectly) by the resident domestic corporation.","path":["Title 35 - SECURITIES","CHAPTER 2 Control Share Acquisitions; Business Combinations","ARTICLE 2 Business Combinations"],"source_url":"https://www.scstatehouse.gov/code/t35c002.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:07:34Z","sha256":"be63dbaff177df31b6004aa69d319f7bba1d2c1d839caef2ecd078fd1a57fe6f","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-35-2-215","next":"us-sc/s.c.-code-ann.-35-2-217"},"notice":"GroundRules: Original legal text. Not legal advice."}