control
Defined in 20 places across 6 titles of the United States Code.
“control” means the power, directly or indirectly, to determine the policy, business practices, or decisionmaking process of another person, whether by stock or other ownership interest, by representation on a board of directors or similar body, by contract or other agreement with stockholders or others, or otherwise;
Source
- 1994–202333 U.S.C. § 1502Navigation and Navigable Waters · Definitions · in this chapter
“control” means the power, directly or indirectly, to direct the management or policies of an insured depository institution or to vote 25 per centum or more of any class of voting securities of an insured depository institution.
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- 1994–present12 U.S.C. § 1817Banks and Banking · Assessments · under this section
Control.—The term “control” has the meaning given to such term in section 1841 of this title.
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- 1994–200812 U.S.C. § 1813Banks and Banking · Definitions · as used in this chapter
Control.—The term "control" means—
(I) in the case of a corporation, ownership (by vote or value) of more than 50 percent of the stock in such corporation,
(II) in the case of a partnership, ownership of more than 50 percent of the profits interests or capital interests in such partnership, or
(III) in any other case, ownership of more than 50 percent of the beneficial interests in the entity.
Source
- 1997–202026 U.S.C. § 512Internal Revenue Code · Unrelated business taxable income · for purposes of this title
Control.—The term "control" means the power, directly or indirectly, to determine the policy, business practices, or decisionmaking process of another person, whether by stock or other ownership interest, by representation on a board of directors or similar body, by contract or other agreement with stockholders or others, or otherwise.
Source
- 2023–202633 U.S.C. § 1502Navigation and Navigable Waters · Definitions · in this chapter
Control.—The term "control" means the power, directly or indirectly, to direct the management or policies of a company, whether through ownership of securities, by contract, or otherwise. There is a presumption of control if, upon completion of a transaction, the buyer or group of buyers—
(I) has the right to vote 25 percent or more of a class of voting securities or the power to sell or direct the sale of 25 percent or more of a class of voting securities; or
(II) in the case of a partnership or limited liability company, has the right to receive upon dissolution, or has contributed, 25 percent or more of the capital.
Source
- 2022–202315 U.S.C. § 78OCommerce and Trade · Registration and regulation of brokers and dealers · under this section
Except as otherwise provided in this subchapter, a majority of the shares of the capital stock of any such corporation shall at all times be held and owned by citizens of the United States, by corporations the controlling interest in which is owned by citizens of the United States, chartered under the laws of the United States or of a State of the United States, or by firms or companies, the controlling interest in which is owned by citizens of the United States. Notwithstanding any other provisions of this subchapter, one or more foreign banks, institutions organized under the laws of foreign countries which own or control foreign banks, or banks organized under the laws of the United States, the States of the United States, or the District of Columbia, the controlling interests in which are owned by any such foreign banks or institutions, may, with the prior approval of the Board of Governors of the Federal Reserve System and upon such terms and conditions and subject to such rules and regulations as the Board of Governors of the Federal Reserve System may prescribe, own and hold 50 per centum or more of the shares of the capital stock of any corporation organized under this subchapter and any such corporation shall be subject to the same provisions of law as any other corporation organized under this subchapter, and the terms “controls” and “controlling interest” shall be construed consistently with the definition of “control” in section 2 of the Bank Holding Company Act of 1956 [12 U.S.C. 1841]. For the purposes of the preceding sentence of this paragraph the term “foreign bank” shall have the meaning assigned to it in the International Banking Act of 1978 [12 U.S.C. 3101 et seq.]. Any company, other than a bank as defined in section 2 of the Bank Holding Company Act of 1956, that after March 5, 1987, directly or indirectly acquires control of a corporation organized or operating under the provisions of this subchapter or subchapter I of this chapter shall be subject to the provisions of the Bank Holding Company Act of 1956 [12 U.S.C. 1841 et seq.] in the same manner and to the same extent that bank holding companies are subject thereto, except that such company shall not by reason of this paragraph be deemed a bank holding company for the purpose of section 3 of the Bank Holding Company Act of 1956 [12 U.S.C. 1842].
Source
- 1994–present12 U.S.C. § 619Banks and Banking · Capital stock; by whom held; ownership of capital stock by foreign bank · in this subchapter
For purposes of clause (i), the term “control” has the meaning given such term by section 304(c). In determining control, there shall be disregarded any qualified replacement property of the taxpayer with respect to the section 1042 sale being tested.
Source
- 1994–present26 U.S.C. § 1042Internal Revenue Code · Sales of stock to employee stock ownership plans or certain cooperatives · for purposes of this section
For purposes of part I (other than section 304), part II, this part, and part V, the term “control” means the ownership of stock possessing at least 80 percent of the total combined voting power of all classes of stock entitled to vote and at least 80 percent of the total number of shares of all other classes of stock of the corporation.
Source
- 1994–present26 U.S.C. § 368Internal Revenue Code · Definitions relating to corporate reorganizations · for purposes of this subchapter
For purposes of subparagraph (C)(v), the term “control” means—
(i) in the case of a corporation, ownership (by vote or value) of more than 50 percent of the stock in such corporation,
(ii) in the case of a partnership, ownership of more than 50 percent of the profits interests or capital interests in such partnership, or
(iii) in any other case, ownership of more than 50 percent of the beneficial interests in the entity.
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- 2025–present26 U.S.C. § 7701Internal Revenue Code · Definitions · in this subtitle
For purposes of subsection (a), the term "control" means—
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- 1994–201526 U.S.C. § 1551Internal Revenue Code · Disallowance of the benefits of the graduated corporate rates and accumulated earnings credit · in this section
For purposes of subsection (a), the term “control” means—
(1) With respect to a transferee corporation described in subsection (a)(1) or (2), the ownership by the transferor corporation, its shareholders, or both, of stock possessing at least 80 percent of the total combined voting power of all classes of stock entitled to vote or at least 80 percent of the total value of shares of all classes of the stock; or
(2) With respect to each corporation described in subsection (a)(3), the ownership by the five or fewer individuals described in such subsection of stock possessing—
(A) at least 80 percent of the total combined voting power of all classes of stock entitled to vote or at least 80 percent of the total value of shares of all classes of the stock of each corporation, and
(B) more than 50 percent of the total combined voting power of all classes of stock entitled to vote or more than 50 percent of the total value of shares of all classes of stock of each corporation, taking into account the stock ownership of each such individual only to the extent such stock ownership is identical with respect to each such corporation.
Source
- 201326 U.S.C. § 1551Internal Revenue Code · Disallowance of the benefits of the graduated corporate rates and accumulated earnings credit · in this section
For purposes of subsection (a), the term “control” means—
(1) With respect to a transferee corporation described in subsection (a)(1), the ownership by the transferor corporation, its shareholders, or both, of stock possessing at least 80 percent of the total combined voting power of all classes of stock entitled to vote or at least 80 percent of the total value of shares of all classes of the stock; or
(2) With respect to each corporation described in subsection (a)(2), the ownership by the five or fewer individuals described in such subsection of stock possessing—
(A) at least 80 percent of the total combined voting power of all classes of stock entitled to vote or at least 80 percent of the total value of shares of all classes of the stock of each corporation, and
(B) more than 50 percent of the total combined voting power of all classes of stock entitled to vote or more than 50 percent of the total value of shares of all classes of stock of each corporation, taking into account the stock ownership of each such individual only to the extent such stock ownership is identical with respect to each such corporation.
Source
- 2014–present26 U.S.C. § 1551Internal Revenue Code · Disallowance of the benefits of the graduated corporate rates and accumulated earnings credit · in this section
For purposes of this subsection, the term “control” means ownership of stock meeting the requirements of section 1504(a)(2).
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- 1999–present26 U.S.C. § 732Internal Revenue Code · Basis of distributed property other than money · in this section
In the case of a corporation, the term “control” means the holding of at least 50 percent (by vote or value) of the stock of the corporation.
Source
- 1994–present26 U.S.C. § 2701Internal Revenue Code · Special valuation rules in case of transfers of certain interests in corporations or partnerships · for purposes of this section
In the case of a partnership, the term “control” means—
(i) the holding of at least 50 percent of the capital or profits interests in the partnership, or
(ii) in the case of a limited partnership, the holding of any interest as a general partner.
Source
- 1996–present26 U.S.C. § 2701Internal Revenue Code · Special valuation rules in case of transfers of certain interests in corporations or partnerships · for purposes of this section
In the case of a partnership, the term “control” means—
(i) the holding of at least 50 percent of the capital or profits interests in the partnership, or
(ii) in the case of a limited partnership, the holding of any interest as a general partner.
For purposes of this section—
Source
- 1994–199626 U.S.C. § 2701Internal Revenue Code · Special valuation rules in case of transfers of certain interests in corporations or partnerships · for purposes of this section
in the case of a transaction with respect to which the requirements of subparagraphs (A) and (B) of section 354(b)(1) are met, the term “control” has the meaning given such term by section 304(c), and
Source
- 1997–present26 U.S.C. § 368Internal Revenue Code · Definitions relating to corporate reorganizations · for purposes of this subchapter
In the case of any transaction with respect to which the requirements of subparagraphs (A) and (B) of section 354(b)(1) are met, for purposes of determining whether such transaction qualifies under subparagraph (D) of paragraph (1), the term “control” has the meaning given to such term by section 304(c).
Source
- 1994–199726 U.S.C. § 368Internal Revenue Code · Definitions relating to corporate reorganizations · for purposes of this subchapter
“Investment company”, affiliated person, and “insurance company” have the same meanings as in the Investment Company Act of 1940 [15 U.S.C. 80a–1 et seq.]. “Control” means the power to exercise a controlling influence over the management or policies of a company, unless such power is solely the result of an official position with such company.
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- 1994–present15 U.S.C. § 80BCommerce and Trade · Definitions · in this subchapter
The term “control” has the meaning given such term by section 2701(b)(2).
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- 1994–present26 U.S.C. § 2704Internal Revenue Code · Treatment of certain lapsing rights and restrictions · for purposes of this section
The term “control” has the meaning given to such term in section 1841 of this title.
Source
- 2008–present12 U.S.C. § 1813Banks and Banking · Definitions · as used in this chapter
The term "control" has the meaning that it has in 17 C.F.R. 240.12b–2, the regulations promulgated by the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) or any successor provision to such section.
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- 1996–present47 U.S.C. § 274Telegraphs, Telephones, and Radiotelegraphs · Electronic publishing by Bell operating companies · as used in this section
the term “control” means exercising the power to make policy decisions concerning a business;
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- 2000–present15 U.S.C. § 7108Commerce and Trade · Definitions · for purposes of this chapter
The term “control” means—
(I) in the case of a corporation, ownership (by vote or value) of more than 50 percent of the stock in such corporation,
(II) in the case of a partnership, ownership of more than 50 percent of the profits interests or capital interests in such partnership, or
(III) in any other case, ownership of more than 50 percent of the beneficial interests in the entity.
Source
- 2013–present26 U.S.C. § 512Internal Revenue Code · Unrelated business taxable income · for purposes of this title
The term “control” means ownership of stock in a corporation which meets the requirements of section 1504(a)(2).
Source
- 1994–present26 U.S.C. § 384Internal Revenue Code · Limitation on use of preacquisition losses to offset built-in gains · for purposes of this section
The term “control” means the ownership of stock possessing at least 80 percent of the total combined voting power of all classes of stock entitled to vote and at least 80 percent of the total number of shares of all other classes of stock of the corporation.
Source
- 1994–present26 U.S.C. § 1033Internal Revenue Code · Involuntary conversions · in this section
The term “control” means the power, directly or indirectly, to determine the policy, business practices, or decisionmaking process of another person, whether by stock or other ownership interest, by representation on a board of directors or similar body, by contract or other agreement with stockholders or others, or otherwise.
Source
- 2026–present33 U.S.C. § 1502Navigation and Navigable Waters · Definitions · in this chapter
The term “control” means the power, directly or indirectly, to direct the management or policies of a company, whether through ownership of securities, by contract, or otherwise. There is a presumption of control if, upon completion of a transaction, the buyer or group of buyers—
(I) has the right to vote 25 percent or more of a class of voting securities or the power to sell or direct the sale of 25 percent or more of a class of voting securities; or
(II) in the case of a partnership or limited liability company, has the right to receive upon dissolution, or has contributed, 25 percent or more of the capital.
Source
- 2023–present15 U.S.C. § 78OCommerce and Trade · Registration and regulation of brokers and dealers · under this section
The term “control” means to add a drug or other substance, or immediate precursor, to a schedule under part B of this subchapter, whether by transfer from another schedule or otherwise.
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- 1994–present21 U.S.C. § 802Food and Drugs · Definitions · as used in this subchapter
The terms “affiliate”, “company”, “control”, and “subsidiary” have the meanings given those terms in section 1841 of this title.
Source
- 1999–present12 U.S.C. § 24ABanks and Banking · Financial subsidiaries of national banks · for purposes of this section