Holding company system definition

Holding company system means a holding company and any public utility with which the holding company is an affiliated interest and any company which is an affiliated interest with such public utility and any other company more than 5% of whose own- ership interest is owned directly or indirectly in any chain of successive ownership by such public utility or by such company which is an affiliated interest with such public utility.
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Holding company system means an entity comprising two or more affiliated persons.
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Holding company system means the same as set out in R.I. Gen. Laws § 27-35-1 et seq.
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Examples of Holding company system in a sentence

  • ORGANIZATIONAL STRUCTURE OF STATE AUTO HOLDING COMPANY SYSTEM (MATERIAL SUBSIDIARIES) Public 32% ------- | Meridian Citizens Mutual Insurance -- State Auto Financial Corporation --68%------ State Automobile Mutual Insurance Company Company | Ohio Corporation | Ohio Corporation* Indiana Corporation* | | | 100% | | | 100% ----------------------------------------- | | 100% State Auto Property & Casualty |--- Midwest Security Ins.

  • IF NOT A MEMBER OF ANY HOLDING COMPANY SYSTEM, INCLUDE A STATEMENT TO THAT EFFECT.

  • INSURANCE HOLDING COMPANY SYSTEM - INSURERS & PARENT COMPANIES ONLY As of December 31, 1998 PENNCORP FINANCIAL GROUP, INC.

  • Adamo, President Page 17, Exhibit E FORM B Amendment No. 1 INSURANCE HOLDING COMPANY SYSTEM ANNUAL REGISTRATION STATEMENT Filed with the Insurance Department of the States of Michigan, Alabama and Indiana By ProNational Insurance Company On Behalf of the Following Insurance Companies ProNational Insurance Company 2600 Professionals Drive, Box 150, Okemos, MI 48805-0150 and Red Mountain Casualty Insurance Company, Inc.

  • Adamo, President Page 21, Exhibit E FORM B Amendment No. 2 INSURANCE HOLDING COMPANY SYSTEM ANNUAL REGISTRATION STATEMENT Filed with the Insurance Department of the States of Michigan, Alabama and Indiana By ProNational Insurance Company On Behalf of the Following Insurance Companies ProNational Insurance Company 2600 Professionals Drive, Box 150, Okemos, MI 48805-0150 and Red Mountain Casualty Insurance Company, Inc.


More Definitions of Holding company system

Holding company system means a holding company, together with its subsidiary companies.
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Holding company system means a structure whereby a parent company directly or indirectly owns or controls more than 50% of the issued and outstanding voting securities of the applicant.
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Holding company system means any holding company, together with all of its subsidiary companies and all mu- tual service companies of which such holding company or any subsidiary company thereof is a member com- pany.
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Holding company system. ’ means any holding company, together with all its subsidi- ary companies, and all mutual service compa- nies (as defined in paragraph (13) of this sub- section) of which such holding company or any subsidiary company thereof is a member com- pany (as defined in paragraph (14) of this sub- section).
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Holding company system means a holding company together with its controlled insurers and controlled persons.
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Holding company system. ’ means a hold-
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Holding company system. ’ means any
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