Statute · California Corporations Code
Cal. Corp. Code § 160 — General Provisions and Definitions
Cal. Corp. Code § 160
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Date
- 2000-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(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.
Citator
Cal. Corp. Code § 160 — General Provisions and Definitions is in force in the current edition of the Code, and nothing recorded condemns it.
(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.