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- A branch is an unincorporated, direct extension of a parent company that operates business activities on behalf of the parent1. It is a place of business that forms a legally dependent part of an institution and carries out directly all or some of the transactions inherent in the business of institutions2. A branch is different from a subsidiary, which is a separate entity that is incorporated or formed by the parent1. A branch can also refer to a group of persons related among themselves by descent from a common ancestor3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
A branch is an unincorporated, direct extension of a parent company that operates business activities on behalf of the parent to the extent the business purposes of the parent permit. In contrast, a subsidiary is a separate entity that is incorporated or formed by the parent
www.bakermckenzie.com/-/media/files/people/sam…Branch means a place of business which forms a legally dependent part of an institution and which carries out directly all or some of the transactions inherent in the business of institutions;www.lawinsider.com/dictionary/branchBRANCH Definition & Legal Meaning Definition & Citations: An offshoot, lateral extension, or subdivision. A branch of a family stock is a group of persons, related among themselves by descent from a common ancestor, and related to the main stock by the fact that that common ancestor descends from the original founder or progenitor.thelawdictionary.org/branch/ - People also ask
BRANCH Definition & Meaning - Black's Law Dictionary
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