- (a) A person is an affiliate of another if the person directly or indirectly through one or more intermediaries controls, is controlled by, or is under common control with the other person.
- (b) A person is a subsidiary of another if the person is an affiliate of and is controlled by the other person directly or indirectly through one or more intermediaries.
- (c) A subsidiary or holding company of a person is an affiliate of that person.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.