Commonly owned entity

{
  "id": "MLC-T-ENV-005805",
  "term": "Commonly owned entity",
  "field": "Environment",
  "term_source": "Commonly Owned Entity",
  "definition": "Entity that is related to another entity by a shared individual natural person(s), where either: (1) There is at least a single individual that owns 30 percent or more of each entity; or (2) Individuals that share a direct family relationship (parent, child, sibling, or spouse) own a majority of each entity.",
  "subject": "Regulatory activities",
  "references": [
    "40 CFR 84.3 (CFR 2024)"
  ],
  "url": "https://mlchart.com/terminology/environment/commonly-owned-entity/"
}