Close X



  • Term

    Main definition

  • Affiliate

    An affiliate of a specified person is another person controlling, controlled by, or under common control with the specified person.

    This tracks a definition in SEC rules. Often documents used in capital-raising transactions and documents used in mergers and acquisition transactions will use the same definition for "affiliates."  The SEC deems a company's directors and executive officers, as well as controlling stockholders, to be affiliates of the company because they each could exercise control of the company.

Contact us Today

The Nick Yocca Law Firm is committed to answering your questions regarding business law, corporate compliance, and other important legal matters in Orange County.

We'll gladly discuss your case with you at your convenience. Contact us today to schedule an appointment!