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Simple English definitions for legal terms

control person

Read a random definition: King's silver

A quick definition of control person:

A control person is someone who has a lot of power over a company that sells stocks. They can make important decisions that affect the company. They have to follow rules when they sell stocks, just like the company does. It doesn't matter how much of the company's stock they own, what matters is how much control they have.

A more thorough explanation:

A control person is someone who has actual control or significant influence over a company that issues securities. This means they have the power to direct corporate policy and make important decisions that affect the company.

For example, a CEO or a member of the board of directors could be considered a control person because they have significant influence over the company's operations and policies.

It's important to note that being a control person is not dependent on owning a specific percentage of the company's stock. Even someone who owns a small percentage of the company's stock could be considered a control person if they have significant influence over the company.

Control persons are subject to many of the same requirements as the company when it comes to selling securities. This is because they have the power to affect the value of the securities through their actions and decisions.

controlling shareholder | control premium

General

General chat about the legal profession.

General >T14 Off Topic

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BulbasaurNoLikeCardio

15:09

You just have to be smart and accept your choices, I know some people will believe a casual hook up or FWB is a regular exclusive thing. Communication is key if you are playing it that way but it is very dangerous to have multiple partners at the same time in a non-exclusive way

babycat

15:09

Yeah you should make it clear to them it's not exclusive

BulbasaurNoLikeCardio

15:10

I have been on the receiving/hurt end thinking it was exclusive when I was just her human dildo and it makes you feel bad.

babycat

15:11

Aw poor Bulbasaur

Dkk

15:11

In all of these situations described, the point of failure happened way before the emotional reality set in.

babycat

15:11

I'm like extremely monogamous at heart

babycat

15:12

I'm never dating or fucking more than one person at a time

babycat

15:12

But one time this guy I'd been dating for a little bit had a tinder notification come up on his phone and I flipped my shit lol

1a2b3c4d26z

15:12

Yea but isn't that just cheating

1a2b3c4d26z

15:12

If you're already dating

babycat

15:13

I mean like casual dating without a label

BulbasaurNoLikeCardio

15:13

My wife and I date girls together but we don't fuck unless it is going to be exclusive but having hot chick friends you can flirt with is great.

babycat

15:13

I also have hot chick friends I can flirt with

BulbasaurNoLikeCardio

15:13

@babycat: Tinder spams marketing messages so dude probably forgot to delete but either way he didn't deserve you so fuck him

babycat

15:14

That was actually it but I was mean to him for like two days about it anyways

Dkk

15:14

Yeah, I am going to bed. I am starting to feel tired. Goodnight.

renard99

15:14

Goodnight DK

Dkk

15:14

Thank you. Goodnight to you too.

babycat

15:14

don't let the bedbugs bite

Dkk

15:14

Yeah cus bed bugs can carry aids.

BulbasaurNoLikeCardio

15:14

The whole having a group of hot chick friends you can flirt with while going out is great. Makes for a fun and safer environment when drinking.

babycat

15:15

I love my hot chick friends. Don't know where I would be without them

renard99

15:15

Crazy story, I had dinner with the dad of a friend of mine and he just openly went on Tinder in front of me and the other guys. Later my mom ran into him with another woman (not his wife/friend's mom) and he got very uncomfortable and never texted her again

renard99

15:15

I can't imagine what it's like being a cheater or like a serial dater. Shit seems so nervewracking

BulbasaurNoLikeCardio

15:16

My wife and I have great and open communication but one night she kept asking me why this girl is blowing up my phone with messages/pictures so I showed her... she got a new puppy and got drunk so had her puppy doing a fashion shoot at 11pm.

babycat

15:16

Awwww

BulbasaurNoLikeCardio

15:17

I need more hot friends to hang with, the town we are in sucks butt for it and everyone seems shifty/flaky.

glovediedthisishismom

15:17

whoever was asking for an AU wave earlier fished their wish

babycat

15:18

I keep my dating very clean and above board. No overlaps, no ambiguities. If you want to go into some sort of public office in the future it's good to be smart about things like that

babycat

15:18

So many politicians have sex scandals and that's how they get blackmailed and other people have power over them. I mean of course there are ethical and emotional issues too but it's literally just smart to not be a cheater

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