California · Corporations Code
CORP §5064: A “parent” of a specified corporation is an affiliate controlling such corporation directly or indirectly through one or more intermediaries.
What this law says, in plain English
A parent company is an affiliate that directly or indirectly controls another corporation, possibly through intermediate entities.
Read the full statutory text
A “parent” of a specified corporation is an affiliate controlling such corporation directly or indirectly through one or more intermediaries.
Verify at the official source: California legislative text
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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.