§ 150
39 words·~1 min read·
/ca/corporations-code/150A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A corporation is an “affiliate” of, or a corporation is “affiliated” with, another specified corporation if it directly, or indirectly through one or more intermediaries, controls, is controlled by or is under common control with the other specified corporation.