Direct corporate association definition

Direct corporate association means a group of parties that meet the requirements in WAC 173-446-105 to be a direct corporate associa- tion.
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Examples of Direct corporate association in a sentence

  • Direct corporate association is based on:• Ownership interest in or control over a second party.• Indicators of ownership (greater than 50 percent).• Connection through more than one direct corporate association.• Connection through a third party with shared direct corporate association.Indirect corporate associations are corporate associations that are not direct corporate associations, but whose indicators of ownership are greater than 20 percent but less than 50 percent.

Related to Direct corporate association

  • trust corporation means a trust corporation (as defined in the Law of Property Act 1925) or a corporation entitled to act as a trustee pursuant to applicable foreign legislation relating to trustees.

  • Trade association means an entity recognized by the State in which the entity is doing business as a trade association and shall not include an organization that is formed for the purposes of providing insurance. “Transaction cutoff date” for weekly data reporting is 8 p.m. Central time on Friday of each week and for monthly data reporting is 8 p.m. Central time on Friday after the first Sunday of the month.

  • the Association means the Association referred to in rule 1;