2013 Maryland Code
STATE FINANCE AND PROCUREMENT
§ 12-502 - Entity
§12-502.
For the purposes of this subtitle:
(1) two or more entities shall be considered as the same entity if:
(i) one entity is a wholly owned subsidiary of the other; or
(ii) one entity owns or directly or indirectly controls more than 50% of the voting securities of the other entity, regardless of whether the equity interest in that other entity is owned by a foreign government; and
(2) if an equity interest in an entity is or was owned by a foreign government, that equity interest shall be attributed to the entity.
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