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Re:TikTok Ban Bill Is Patriot Act 2.0 Trojan Horse by yed on Thursday March 30, 2023 @01:59AM (#35368653)
Section 2-3: COVERED HOLDING.—The term “covered holding”—

(A) means […] a controlling holding held, directly or indirectly, in an ICTS covered holding entity by— …

“Controlling holding” is defined in section 2-2

Edit: section 2-2 (2) CONTROLLING HOLDING.—The term “controlling holding” means a holding with the power, whether direct or indirect and whether exercised or not exercised, to determine, direct, or decide important matters affecting an entity.

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