“___percent equity security owner,” when used with respect to a corporation or other organization, means any person who owns, directly or indirectly, of record or beneficially, the specified percentage or more of any class of the equity securities of such corporation or other organization.

Note: Authority cited: Sections 321 and 334, Financial Code. Reference: Division 1.2, Financial Code.

History

1. Amendment of Note filed 8-11-2015; operative 10-1-2015 (Register 2015, No. 33).