Parametric excitation is a unique type of excitation that arises from the time-varying parameters of a dynamical system, typically induced by the periodic movements of the system components. However, the structure-moving subsystems problem creates a new type of parametric excitation where the subsystems do not have exact periodic movements. Under the circumstances, dimension of the mathematical model of such a system exhibits time dependency, which prohibits the employment of conventional analytical methods to predict its stability. In this paper, we propose a novel Generalized Sequential State Equation Method that provides a distinct solution framework for analysis of the subsystem-induced parametric resonance. With the time-domain system partition and state mapping, the proposed method reconfigures the coupled system with a sequence of state space equations and solves them chronologically. The proposed method relaxes the single-subsystem-assumption in its original form and applies to a general scenario where the subsystems travel with arbitrary characteristic period. With the proposed method, occurrences of the subsystem-induced parametric resonance are precisely predicted via a set of analytical stability criteria and the steady state response is determined in an exact analytical form.