1470
Effective Jan 1, 2012Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.
- (a) In this article and in Article 4 (commencing with Section 1710) of Chapter 19, “affiliate,” when used with respect to a specified person, means any person controlling, controlled by, or under common control with, the specified person, directly or indirectly, through one or more intermediaries.
- (b) “Control” has the meaning set forth in Section 1250.
- (c) “Regulated corporation” means any corporation or limited liability company or similar entity in which a bank makes an equity investment and which the bank controls.
- (d) “Securities issued by a person” means any debt, equity, or other security issued by a person, and any and all affiliates of that person, issued for the benefit of that person or for the benefit of an affiliate of that person.