California Code of Regulations
Title 10 - Investment
Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 50 - Business and Industrial Development Corporations
Article 1 - General Provisions
Subarticle 2 - Definitions
Section 50.102 - " Percent Equity Security Owner."

Universal Citation: 10 CA Code of Regs 50.102
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

"___ percent equity security owner," when used with respect to a corporation or other organization, means any person who owns, directly or indirectly, of record or beneficially, the specified percentage or more of any class of the equity securities of such corporation or other organization.

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