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Corporations Code § 5031

‹ § 5030§ 5032Open in browserleginfo ↗

5031.

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.

(Added by Stats. 1978, Ch. 567.)