§ 19.905. Affiliate.
98 words·~1 min read·
/us/cfr/t31/s§ 19.905·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Persons are affiliates of each other if, directly or indirectly, either one controls or has the power to control the other or a third person controls or has the power to control both. The ways we use to determine control include, but are not limited to---
(a)Interlocking management or ownership;
(b)Identity of interests among family members;
(c)Shared facilities and equipment;
(d)Common use of employees; or
(e)A business entity which has been organized following the exclusion of a person which has the same or similar management, ownership, or principal employees as the excluded person.