De Jure Control

From Open Risk Manual

Definition

De Jure Control. Control that is formalized in law, or codified in some legal instrument

Use this class of thing for all types of controlling interest, such as share ownership, holding of general partner equity, or being the beneficiary of any side contract in which control is ceded, as well as types of control more generally in which there is some instrument or means of control. This class defines control as a kind of legal capacity, conferred on something by something via some formal means i.e. some instrument of control. When asserting that there is some de jure controlling interest (for example in some company by some other company) we do not at the same time assert the conclusions that would be drawn as a result of observing those controlling interests - that is covered under de facto control.

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This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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