OAR 845-006-0475: License Changes Requiring Prior Approval

(1) As used in this rule: (a) "Partnership" means an association of two or more persons who carry on a business jointly and who demonstrate an intent to be treated as partners by signing a partnership agreement; (b) "Person" includes individuals, corporations, partnerships or other business organizations; (2) All licensees: (a) Except as allowed by Commission rule, no person will obtain an ownership interest, as defined in OAR 845-005-0311, in a licensed business without prior Commission approval; (b) A person must receive Commission approval prior to being added or removed as a licensee. Each licensee will remain responsible for any violation or other resolution and shall be jointly and severally liable for any sanction until the Commission removes the person as a licensee; (c) The Commission may deny a request to add a person as a licensee, or may restrict the license, for any of the grounds for which it may deny or restrict a license. (3) A violation of this rule is a Category I violation.