Majority Controlling Party
From Open Risk Manual
Definition
Majority Controlling Party. An entity controlling party that possesses, either directly or indirectly, the power to direct or cause the direction of the management and policies of a legal person, whether through the ownership of a majority of voting securities, by contract, or otherwise
See Also
- Electronic Code of Federal Regulations, Title 17, Chapter 1, Section 49.2
Disclaimer
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.
Facts about "Majority Controlling Party"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/BE/OwnershipAndControl/ControlParties/index-en.html + |
