Cal. Corporations Code § 160

California · California Corporations Code · Status: effective · Effective 2000-01-01

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Citation: Cal. Corporations Code § 160, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/791017
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(a) Except as provided in subdivision (b), “control” means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a corporation. (b) “Control” in Sections 181, 1001, and 1200 means the ownership directly or indirectly of shares or equity securities possessing more than 50 percent of the voting power of a domestic corporation, a foreign corporation, or an other business entity.