“Parent company” means a partnership, limited liability company, or corporation that owns more than 50 percent of the stock or interest in an institution.
Cal. Educ. Code § 94853
Definitions
Known as the California Private Postsecondary Education Act
The act spans §§ 94800–94950 (183 sections).
Added by Stats. 2009, Ch. 310, Sec. 6
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.