Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 823.003 - Classification As Affiliate or Subsidiary(a) A person is an affiliate of another if the person directly or indirectly through one or more intermediaries controls, is controlled by, or is under common control with the other person.(b) A person is a subsidiary of another if the person is an affiliate of and is controlled by the other person directly or indirectly through one or more intermediaries.(c) A subsidiary or holding company of a person is an affiliate of that person.Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.