---
kind: "section"
citation: "31 C.F.R. § 850.219"
title: "31"
number: "850.219"
heading: "Parent."
url: "https://uscodex.org/cfr/31/850.219"
---

# §850.219. Parent.


The term parent means, with respect to an entity:

- (a) **A person who or which directly or indirectly holds more than 50 percent of—**
  - (1) The outstanding voting interest in the entity; or
  - (2) The voting power of the board of the entity;
- (b) The general partner, managing member, or equivalent of the entity; or
- (c) The investment adviser to any entity that is a pooled investment fund, with “investment adviser” as defined in the Investment Advisers Act of 1940 ([15 U.S.C. 80b-2(a)(11)](/usc/15/80b-2.md?p=a-11)).

## Notes

### Authority

Authority: 50 U.S.C. 1701 et seq.; E.O. 14105, 88 FR 54867, 31 U.S.C. 321.

### Source

Source: 89 FR 90462, Nov. 15, 2024, unless otherwise noted.