Section 1470 Of Article 2. Loan And Investment Limitations From California Financial Code >> Division 1.1. >> Chapter 14. >> Article 2.
1470
. (a) In this article and in Article 4 (commencing with Section
1710) of Chapter 19, "affiliate," when used with respect to a
specified person, means any person controlling, controlled by, or
under common control with, the specified person, directly or
indirectly, through one or more intermediaries.
(b) "Control" has the meaning set forth in Section 1250.
(c) "Regulated corporation" means any corporation or limited
liability company or similar entity in which a bank makes an equity
investment and which the bank controls.
(d) "Securities issued by a person" means any debt, equity, or
other security issued by a person, and any and all affiliates of that
person, issued for the benefit of that person or for the benefit of
an affiliate of that person.