### Question
How is the term intragroup stock defined?


### Answer
The term **intragroup stock** is defined in *26 U.S.C. § 1503* as the following:

> any stock which—


(i) is in a corporation which is or was a member of an affiliated group of corporations, and


(ii) is held by another corporation which is or was a member of such group

#### Citation:
  - *26 U.S.C. § 1503*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 6-CONSOLIDATED RETURNS > Subchapter A-Returns and Payment of Tax**

