Cal. Code Regs. Tit. 22, § 53110 - Control

Control means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a plan. Such power may be exercised through one or more intermediary companies, or alone, or in conjunction with, or pursuant to an agreement. Such power may be established through a majority or minority ownership or voting of securities, common directors, officers or stockholders, voting trusts, holding trusts, affiliates, contract or any other direct or indirect means.

Notes

Cal. Code Regs. Tit. 22, § 53110

1. Amendment filed 12-10-79; effective thirtieth day thereafter (Register 79, No. 50).

Note: Authority cited: Section 14312, Welfare and Institutions Code. Reference: Section 14482, Welfare and Institutions Code.

1. Amendment filed 12-10-79; effective thirtieth day thereafter (Register 79, No. 50).