New Jersey Statutes

§ 5:12-26 — "Holding company."

New Jersey·Title 5 AMUSEMENTS, PUBLIC EXHIBITIONS AND MEETINGS
26."Holding company" --Any corporation, association, firm, partnership, trust or other form of business organization not a natural person which, directly or indirectly, owns, has the power or right to control, or has the power to vote any significant part of the outstanding voting securities of a corporation or other form of business organization which holds or applies for a casino license. For the purpose of this section, in addition to any other reasonable meaning of the words used, a "holding company" indirectly has, holds or owns any such power, right or security if it does so through any interest in a subsidiary or successive subsidiaries, however many such subsidiaries may intervene between the holding company and the casino licensee or applicant. L.1977,c.110,s.26; amended 1979, c.

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Nearby Sections

15
§ 5:12-1 Short title; declaration of policy and legislative findings.
§ 5:12-1 Short title; declaration of policy and legislative findings.
§ 5:12-101
Credit.
§ 5:12-103 Alcoholic beverages in casino hotel facilities.
§ 5:12-103 Alcoholic beverages in casino hotel facilities.
§ 5:12-105 Disposition of securities by corporate licensee.
§ 5:12-105 Disposition of securities by corporate licensee.
§ 5:12-106 Casino employment.
§ 5:12-106 Casino employment.
§ 5:12-107 Conduct of hearings; rules of evidence; punishment of contempts.
§ 5:12-107 Conduct of hearings; rules of evidence; punishment of contempts.
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