R-2.2.0.0.1 - Tobacco-related Damages and Health Care Costs Recovery Act

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6. Two groups are considered to be members of the same group if one is an affiliate of the other, both are affiliates of the same group or both are controlled by the same group or natural person.
A group is considered to be controlled by another group or a natural person when
(1)  voting securities of the group representing over 50% of the votes required to elect its directors are held, otherwise than solely as security, by or on behalf of that other group or that person; and
(2)  the number of votes carried by those securities is sufficient to elect a majority of the directors of the group.
2009, c. 34, s. 6.