California Health and Safety Code

§ 104556

HSC § 104556 Effective Jan 1, 2014Div. 103 · Part 3 · Ch. 1 · Art. 3

Statute text

The definitions contained in this section shall govern the construction of this article.

(a)“Adjusted for inflation” means increased in accordance with the formula for inflation adjustment set forth in Exhibit C to the Master Settlement Agreement.

(b)“Affiliate” means a person who directly or indirectly owns or controls, is owned or controlled by, or is under common ownership or control with, another person. Solely for purposes of this definition, the terms “owns,” “is owned,” and “ownership” mean ownership of an equity interest, or the equivalent thereof, of 10 percent or more, and the term “person” means an individual, partnership, committee, association, corporation, or any other organization or group of persons.

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Legislative history

Amended by Stats. 2013, Ch. 168, Sec. 1. (SB 680) Effective January 1, 2014.