California Statutes

§ 5073. — 5073. (Amended by Stats. 1979, Ch. 724.)

California § 5073.
JurisdictionCalifornia
Code CORPCorporations Code - CORP
Div.2.
Title 1.DIVISION 2. NONPROFIT CORPORATION LAW
Part 1.PART 1. GENERAL PROVISIONS AND DEFINITIONS GOVERNING PARTS 1 THROUGH 5

This text of California § 5073. (5073. (Amended by Stats. 1979, Ch. 724.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Corporations Code - CORP Code § 5073. (2026).

Text

(a)Except as provided in subdivision (b), “subsidiary” of a specified corporation means a corporation more than 50 percent of the voting power of which is owned directly, or indirectly through one or more subsidiaries, by the specified corporation.
(b)For the purpose of Section 7315, “subsidiary” of a specified corporation means a corporation more than 25 percent of the voting power of which is owned directly, or indirectly through one or more subsidiaries as defined in subdivision (a), by the specified corporation.

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Legislative History

Amended by Stats. 1979, Ch. 724.
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California § 5073., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/5073..