Statement of financial interest in business of licensee
Source:
Section 471.757 — Statement of financial interest in business of licensee, https://www.oregonlegislature.gov/bills_laws/ors/ors471.html
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Notes of Decisions
This section provides that, in general, a licensee is just as accountable for the acts of its investors as for its own acts. Sportservice Corp. v. Ore. Liquor Control Comm., 15 Or App 226, 515 P2d 731 (1973), Sup Ct review denied
The acts of a person associated with a financially interested corporation will not be imputed to the licensee unless that person is an officer, director, manager or a controlling investor in that corporation. Sportservice Corp. v. Ore. Liquor Control Comm., 15 Or App 226, 515 P2d 731 (1973), Sup Ct review denied