Corporations Code section 5045

“Control” means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a corporation.

Source: Section 5045, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=5045. (accessed Apr. 24, 2025).

Last Updated

Apr. 24, 2025

§ 5045’s source at ca.gov

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Location: https://california.public.law/codes/corporations_code_section_5045

Original Source: Section 5045, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=5045. (last accessed Apr. 24, 2025).