Oregon Liquor and Control Commission

Chapter 845

845-025-1030

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Application Process

(3) The following individuals and legal entities are applicants:

(a) Any individual or legal entity with a financial interest, as defined in these rules, who holds or controls an interest of ten percent or more in the business proposed to be licensed.

(b) Any individual or legal entity that has an ownership interest in the business proposed be licensed as described in OAR 845-025-1045.

(4) If a legal entity is an applicant, the following individuals within a legal entity are also applicants:

(a) All general partners in a limited partnership;

(b) Limited partners whose investment commitment is ten percent or more of the total investment commitment;

(c) All members in a limited liability company or partnership whose investment commitment or membership interest is ten percent or more;

(d) All managers of a manager-managed limited liability company as that term is defined in ORS 63.001;

(e) All directors who own or control three percent or more of the voting stock;

(f) Principal Officers of corporate applicants; and

(g) All natural person stockholders owning or controlling ten percent or more of the voting stock of a corporate entity.

(5) An application must include the names and other required information for all individuals and legal entities who are applicants as described in this rule and the names and other required information for all individuals and legal entities who are not applicants but who have a “financial interest” in the business, as defined in OAR 845-025-1015.

(6) Applicants must submit the following:

(a) Information or fingerprints for individual applicants and individuals within a legal entity who have been identified as applicants in order to perform a criminal background check in accordance with OAR 845-025-1080;

(b) Any forms required by the Commission and any information identified in the form that is required to be submitted;