What Is a Subsidiary Corporation
A corporation is a company that is doing business under a name. They have employees and are generally making or providing a service. If a corporation acquires another company rather than changing that companies name they would operate as a subsidiary of the corporation that acquired them. A subsidiary corporation can also be a division of a company operating under another name.
Posted by jhancock on 8/21/2009
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Subsidiary - Wikipedia, the free encyclopedia
A subsidiary , in business matters, is an entity that is controlled by a separate entity. The controlled entity is called a company, corporation, or limited liability company and in some cases can b...
en.wikipedia.org/wiki/Subsidiary |
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A subsidiary corporation or company is one in which another, generally larger, corporation, known as the parent corporation, owns all or at least a majority of the shares. As the owner of the subsidiary, the parent corporation may control the activities of the subsidiary.
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(ISD) a Florida Corporation and wholly owned subsidiary of UTEK. WHEREAS, UTEK owns 100% of the outstanding shares of the capital stock of ISD; ... The name of the Surviving Corporation, Torvec Subsidiary Corporation, shall be changed by reason of the Merger into Ice Surface Development, Inc. (b) Effective Time.
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Chapter 63: Section 39A. Tax on foreign subsidiary corporation ... If, in the opinion of the commissioner, the capital of a foreign corporation, which is a subsidiary or parent corporation of another corporation or closely affiliated therewith by stock ownership, is inadequate for its business needs apart from credit...
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Chapter 40G: Section 5A. Innovation development; grants, loans, etc.; subsidiary corporation ... In its capacity as a corporation for innovation development, the MTDC is authorized to accept any and all grants, loans, guarantees, subsidies, matching funds, reimbursements, property, services, or other things of value from...
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Complete text of sample subsidiary corporation bylaws. ... The Corporation is organized and operated for the following purposes: to engage in any activity within the purposes for which corporations may be formed under the [State Corporation Law].
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There are several theories by which CERCLA liabilities of a subsidiary can attach to the parent corporation. ... In Tutu, a parent corporation acquired a subsidiary, dissolved the subsidiary and took title to the land for a brief period of time before selling the land.
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News Articles, Whitepapers, Downloads, Opinion, Videos and Resources relating to wholly owned subsidiary corporation ... White Papers CIBC Development Corporation, a wholly owned subsidiary of the Canadian Imperial Bank of Commerce, is one of Canada's leading commercial property owners, managers and investors.
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96-45 Release Date: February 9, 2000 Comment Date: February 23, 2000 Reply Comment Date: March 6, 2000 On November 24, 1999, AMSC Subsidiary Corporation (AMSC) filed a petition requesting the Commission to clarify two of its rules applicable to Universal Service Fund (USF) support for rural health care providers.
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