Legal Question in Business Law in New Hampshire
Difference between subsidiary and division
We are a small privately owned business in New Hampshire. Our registered name is different than our current company name. We want to phase in the registered name as either a division of (or) subsidiary. We will eventually change to the registered name only.
What is the legal distinction between the terms subsidiary and division?
Asked on 11/01/06, 11:27 am
1 Answer from Attorneys
Lawrence Graves
Coolidge & Graves PLLC
Re: Difference between subsidiary and division
Your narrow question is easy: a "division" of a corporation is simply an internal concept; a "subsidiary" is a separate corporation owned (either wholly or by majority interest) by the parent company.
You should consult with a trademark lawyer about the corporate name and how it should be protected.
Best wishes,
LDWG
Answered on 11/01/06, 1:15 pm
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