### Question
How does the law define covered entity?


### Answer
Under *15 U.S.C. § 9054*, **covered entity** is defined as:

> an entity in which a covered individual directly or indirectly holds a controlling interest

#### Citation:
  - *15 U.S.C. § 9054*
  - Heading: **CHAPTER 116-CORONAVIRUS ECONOMIC STABILIZATION (CARES ACT) > SUBCHAPTER III-ECONOMIC STABILIZATION AND ASSISTANCE TO SEVERELY DISTRESSED SECTORS OF THE UNITED STATES ECONOMY > Part A-Coronavirus Economic Stabilization**

