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California Corporations Code Section 160

Legal Research Home > California Lawyer > Corporations Code > California Corporations Code Section 160

(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.

Last modified: January 12, 2009