Definitions.

Del. Code tit. 30, § 6301
in effect
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As used in this chapter: (1) “Affiliated corporations” means 2 or more corporations which are members of a controlled group of corporations as defined in § 1563 of the Internal Revenue Code of 1954 [26 U.S.C. § 1563]. (2) “Affiliated finance company” means a corporation substantially all of whose activity within this State is limited to the issuance of commercial paper or other debt obligations and use of the proceeds to make loans to 1 or more of its affiliated corporations or to purchase receivables from 1 or more of its affiliated corporations.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title30/c063/index.htmlFetched: 10/4/2026

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