Proposal: The Parent of My Parent is My Parent
Passed 6-0. Brendan
Adminned at 28 Jun 2007 14:20:03 UTC
Add the following after the first paragraph of the rule called “Buyout:”
When one Corporation becomes a Subsidiary of another, all the former Corporation’s Subsidiaries cease to be its Subsidiaries, and become the Subsidiaries of the latter Corporation instead. This must be recorded on the Inventories of all Corporations involved.
Add the following to the end of the same rule:
If a Corporation becomes a Subsidiary of its own Subsidiary Corporation, the latter Corporation is no longer a Subsidiary. For example: if Corporation A were a Subsidiary of Corporation B, Corporation B went Bankrupt, and Corporation A gave Corporation B enough Cash so that they had at least $5M; then Corporation B would be Corporation A’s Subsidiary, and the reverse would no longer be true.
ChronosPhaenon: