V-1.1 - Securities Act

Section 9 Disposition versions

1984-12-21

9. A company is the subsidiary of another company when it is controlled by it or by companies controlled by it.

A subsidiary of a company that is itself a subsidiary of another company is deemed to be a subsidiary of that other company.

Two companies are affiliates if one is the subsidiary of the other or if both are subsidiaries of the same company or are controlled by the same person.

1982, c. 48, s. 9; 1984, c. 41, s. 3.

1983-04-06

9. A legal person is the subsidiary of the legal person controlling it.

Any two legal persons, one of which is the subsidiary of the other, or which are controlled by the same person, are affiliates.

1982, c. 48, s. 9.