§ 6.12.581. Holding company.

Latest version.

A holding company is defined as any company which confines its activities to owning stock in and supervision of management of other companies. A holding company shall pay a semiannual license fee determined by the amount of semiannual gross revenue as contained in the schedule of Section 6.12.995 of this chapter.

(Ord. 2422 § 3 (part), 1999)

                    
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