OAR 845-006-0301
“Applicant” and “Licensee” Defined
(1)
A license issued by the Commission shall include as licensees under a single license the individuals or legal entities who own or have an interest in the business as defined in OAR 845-005-0311 (True Name on Application; Interest in Business)(3). If any such licensee is a corporation or other legal entity, the following persons shall also be included as licensees under the license:(a)
Each principal officer as defined in OAR 845-006-0475 (License Changes Requiring Notice/Prior Approval)(1)(d);(b)
Each director;(c)
Each person or entity who owns or controls 10% or more of the entity’s stock or who holds 10% or more of the total membership interest in the entity or whose investment interest is 10% or more of the total investment interests in the entity;(d)
Each manager of a limited liability company and each general partner of a limited partnership.(2)
As used in ORS 471.313 (Grounds for refusing to issue license or for issuing restricted license), “applicant” includes all of the entities and individuals (as applicable) listed in subsection (1) of this rule. As used in 471.315 (Grounds for cancellation, suspension or restriction of license, requiring training or imposing civil penalty), “licensee” includes all of the entities and individuals (as applicable) listed in subsection (1) of this rule.(3)
In any proceeding brought under the authority of ORS 471.313 (Grounds for refusing to issue license or for issuing restricted license) or subject to the penalty provisions of 471.315 (Grounds for cancellation, suspension or restriction of license, requiring training or imposing civil penalty), each licensee as defined in subsection (1) shall be individually responsible for any violation or other resolution of the proceeding and shall be jointly and severally liable for any sanction.
Source:
Rule 845-006-0301 — “Applicant” and “Licensee” Defined, https://secure.sos.state.or.us/oard/view.action?ruleNumber=845-006-0301.