§ 12–502
Statutes in effect as of October 1, 2026.
Md. Code Ann., State Fin. & Proc. § 12-502 (2026)
Title 12. Organization and Supervision of State Procurement
Subtitle 5. Disclosure Requirements Regarding Involvement in Deportations
§ 12–502LinkCopy Citation
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.