Security policy is configured using a hierarchy of code groups at every policy level. Default security policy consists of ...

 Security policy is configured using a hierarchy of code groups at every  policy level. Default security policy consists of union code groups, which combine the permissions of all matching child code groups with their own  permissions, and some custom code groups.  Every union code group has a  membership condition and a permission set. If an assembly's evidence matches  the membership condition on such a code group, the associated permission  set is granted to the assembly at that policy level. If more than one union  code group matches, the combination of their permission sets is granted.
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