United States business

(1) the term “United States business” means— (A) a United States citizen; (B) a corporation, partnership, or other association created under the laws of the United States or of any State (including the District of Columbia or any commonwealth, territory, or possession of the United States); or (C) a foreign corporation, partnership, or other association, more than 95 percent of which is owned by persons described in subparagraphs (A) and (B); and


15 USC § 4724(e)(1)

Scoping language

As used in this section
Is this correct? or