controlled company
Defined in 1 place of the United States Code.
For purposes of this section, the term “controlled company” means an issuer—
(A) that is listed on a national securities exchange or by a national securities association; and
(B) that holds an election for the board of directors of the issuer in which more than 50 percent of the voting power is held by an individual, a group, or another issuer.
Source
- 2010–present15 U.S.C. § 78j-3Commerce and Trade · Compensation committees · for purposes of this section