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Earlier editions: 2020-112018-11

DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS 31000-31952›CHAPTER 1. General Provisions 31000-31056›ARTICLE 3. Definitions 31030-31056

§ 31054

California Financial Code · 2026 edition · updated 2026-10-04 · California

“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.)

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