Affiliated business entity relationship definition
Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when
Affiliated business entity relationship means a relationship, other than a parent-subsidiary
Affiliated business entity relationship means “a relationship, other than parent-subsidiary relationship, that exists when (i) one business entity has a controlling ownership interest in the other business entity, (ii) a controlling owner in one entity is also a controlling owner in the other entity, or (iii) there is shared management or control between the business entities. Factors that should be considered in determining the existence of an affiliated business entity relationship include that the same person or substantially the same person own or manage the two entities; there are common or commingled funds or assets; the business entities share the use of the same offices or employees or otherwise share activities, resources or personnel on a regular basis; or there is otherwise a close working relationship between the entities.” See State and Local Government Conflict of Interests Act, Va. Code § 2.2-3101.
More Definitions of Affiliated business entity relationship
Affiliated business entity relationship means a relationship, other than a parent-subsidiary relationship, that exists when (i) one business entity has a controlling ownership interest in the other business entity, (ii) a controlling owner in one entity is also a controlling owner in the other entity, or
Affiliated business entity relationship means a relationship, other than a parent-subsidiary 716 relationship, that exists when (i) one business entity has a controlling ownership interest in the other 717 business entity, (ii) a controlling owner in one entity is also a controlling owner in the other entity, or 718 (iii) there is shared management or control between the business entities. Factors that may be considered 719 in determining the existence of an affiliated business entity relationship include that the same person or 720 substantially the same person owns or manages the two entities, there are common or commingled funds
Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when:
(i) one business entity has a controlling ownership interest in the other business entity;
(ii) a controlling owner in one entity is also a controlling owner in the other entity; or
(iii) there is shared management or control between the business entities. Factors that may be considered in determining the existence of an affiliated business entity relationship include that the same person or substantially the same person owns or manages the two entities, there are common or commingled funds or assets, the business entities share the use of personnel on a regular basis, or there is otherwise a close working relationship between the entities.
Affiliated business entity relationship means a relationship, other than a
Affiliated business entity relationship means a rela- tionship, other than a parent-subsidiary relationship, that exists when (i) one business entity has a control- ling ownership interest in the other business entity,