75 Subsidiary

75 Subsidiary. Any corporation or association (a) more than 50% (by number of votes) owned by the Company or one or more of its Subsidiaries, or any other business entity in which the Company or one or more of its Subsidiaries owns more than a 50% interest in either the capital or profits of such business entity, or (b) whose net earnings or portions thereof are consolidated with the net earnings of the Company and are recorded in the books of the 7 Company for... financial reporting purposes in accordance with generally accepted accounting principles. View More