Texas Government Code - GOV'T § 2270.0001. Definitions

(1) “Active business operations” means all business operations that are not inactive business operations.

(2) “Company” means a sole proprietorship, organization, association, corporation, partnership, joint venture, limited partnership, limited liability partnership, limited liability company, or other entity or business association whose securities are publicly traded, including a wholly owned subsidiary, majority-owned subsidiary, parent company, or affiliate of those entities or business associations, that exists to make a profit.

(2-a) “Control” means the power to exercise a controlling influence over the management or policies of a company, including involvement in the company's governance structure, monitoring, or internal human resources decisions, unless such power is solely the result of an official position with the company.

(2-b) “Country of concern” means:

(3) “Designated foreign terrorist organization” means an organization designated as a foreign terrorist organization by the United States secretary of state as authorized by 8 U.S.C. Section 1189.

(4) “Direct holdings” in a company means all securities of that company held directly by an investing entity in an account or fund in which an investing entity owns all shares or interests.

(5) “Inactive business operations” means the mere continued holding or renewal of rights to property previously operated to generate revenue but not presently deployed to generate revenue.

(6) “Indirect holdings” in a company means all securities of that company held in an account or fund, such as a mutual fund, managed by one or more persons not employed by an investing entity, in which the investing entity owns shares or interests together with other investors not subject to this chapter.  The term does not include money invested under a plan described by Section 401(k) or 457 of the Internal Revenue Code of 1986.

(7) “Investing entity” means:

(8) “Listed company” means a company listed by the comptroller under Section 2270.0201.

(9) “Scrutinized company” means: