Section 2-3: COVERED HOLDING.—The term “covered holding”—
(A) means […] a controlling holding held, directly or indirectly, in an ICTS covered holding entity by— …
“Controlling holding” is defined in section 2-2
Edit: section 2-2
(2) CONTROLLING HOLDING.—The term “controlling holding” means a holding with the power, whether direct or indirect and whether exercised or not exercised, to determine, direct, or decide important matters affecting an entity.
(A) means […] a controlling holding held, directly or indirectly, in an ICTS covered holding entity by— …
“Controlling holding” is defined in section 2-2
Edit: section 2-2 (2) CONTROLLING HOLDING.—The term “controlling holding” means a holding with the power, whether direct or indirect and whether exercised or not exercised, to determine, direct, or decide important matters affecting an entity.