Legal Question in Business Law in Nevada

As a Franchise Attorney I can only say the following. It's not possible to say without examining the contract between the entity and the company, how consideration was paid, the nature of the work done, etc. Consult with a good business or franchise attorney in your area for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Foundations, a Professional Corporation

"an entity of a company" is an expression capable of several meanings.

If by "entity of a company" you mean a division, department, etc. of the parent company, and not a subsidiary corporation, the answer is yes, the program belongs to the company, because the entity is a part of the company.

However, if the program were created by a subsidiary, it would belong to the subsidiary. The parent company's interest would be indirect, through its ownership of some, most or all of the stock of the subsidiary.