§ 31032 Affiliate Control Definition

• •An 'affiliate' is a company or group connected to another company.
• •It can be a parent company, a sister company, or any company that has control over another.
• •This includes companies that work together or are owned by the same people.

If Company A owns Company B, and Company B owns Company C, all three are affiliates.

Even though they are separate companies, they are connected because one controls the others.