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 50.106 - Beneficial
Universal Citation: 10 CA Code of Regs 50.106
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
"Beneficial," when used with respect to ownership of securities by a specified person, includes, in addition to direct and indirect beneficial ownership by such specified person, direct and indirect beneficial ownership:
(a) By the spouse (except where legally separated) and minor children (including stepchildren and adopted children) of the specified person; and
(b) By any other relative o the specified person who has the same home as the specified person.
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