Section Rev 2401.01 - Affiliated group"Affiliated group" means:
(a) Affiliated group as defined in RSA 77-E:3, II, for corporate enterprises; or(b) A group of non-corporate business enterprises, if the chain of business enterprises is connected through ownership with a common business enterprise, provided that: (1) The common parent business enterprise owns directly at least 80% of the total ownership interest in at least one of the includible business enterprises; and(2) An ownership interest with at least 80% of the total ownership interest is owned directly by one or more of the other includible business enterprises.N.H. Admin. Code § Rev 2401.01
INTERIM #5708, eff 9-23-93, EXPIRED: 1-21-94; ss by #5774, eff 1-21-94; ss by #7178, eff 12-23-99, EXPIRED: 12-23-07
New. #9065, eff 1-10-08
Amended by Volume XXXVI Number 06, Filed February 11, 2016, Proposed by #11032, Effective 1/29/2016, Expires 1/29/2026.