Affiliated interest definition

Affiliated interest means a person or corporation as defined in RCW 80.16.010.
Affiliated interest or "affiliate" means:
Affiliated interest means any Business Interest related to a Medical Marijuana Business that does not rise to the level of a Financial Interest in a Medical Marijuana Business license. An Affiliated Interest may include, but shall not be limited to, an Indirect Beneficial Interest Owner that is not a Financial Interest, an indirect financial interest, a lease agreement, secured or unsecured loan, or security interest in fixtures or equipment with a direct nexus to the cultivation, manufacture, Transfer, transportation, or testing of Medical Marijuana, Medical Marijuana Concentrate, or Medical Marijuana-Infused Product. A Person who provides funding for a Research Project conducted by a Licensed Research Business is an Affiliated Interest for the Licensed Research Business, unless that Person is a Direct Beneficial Interest Owner or an Indirect Beneficial Interest Owner. Except as otherwise provided by these rules, an Affiliated Interest holder shall neither exercise control of nor be positioned so as to enable the exercise of control over the Medical Marijuana Business or its operations. A Medical Marijuana Business shall report each of its Affiliated Interests to the Division with each application for initial licensure, renewal, change of ownership or change of corporate structure.

Examples of Affiliated interest in a sentence

  • Affiliated interest" has the same meaning as provided in section 707, subsection 1, paragraph A.[PL 1997, c.

  • The commission may institute an investigation and disapprove the contract or arrangement if the commission finds the company has failed to prove that it is reasonable and consistent with the public interest.[Statutory Authority: RCW 80.01.040, 80.04.160, 81.04.160 and 34.05.353.WSR 05-06-051 (Docket No. A-021178 and TO-030288, General Order No. R-518), § 480-70-078, filed 2/28/05, effective 3/31/05.] WAC 480-70-079 Affiliated interest and subsidiary transactions report.

  • Affiliated interest is defined in OAR 860-032-0001.Not applicable.

  • WSR 05-17-026 (Docket No. A-021178 and TO-030288, General Order No. R-522), § 480-100-262, filed 8/5/05, effective 9/5/05.] WAC 480-100-264 Affiliated interest and subsidiary transactions report.

  • WSR 05-17-026 (Docket No. A-021178 and TO-030288, General Order No. R-522), § 480-90-262, filed 8/5/05, effective 9/5/05.] WAC 480-90-264 Affiliated interest and subsidiary transactions report.


More Definitions of Affiliated interest

Affiliated interest means any Business Interest related to a Retail Marijuana Establishment that does not rise to the level of a Financial Interest in a Retail Marijuana Establishment license. An Affiliated Interest may include, but shall not be limited to, an Indirect Beneficial Interest Owner that is not a Financial Interest, an indirect financial interest, a lease agreement, secured or unsecured loan, or security interest in fixtures or equipment with a direct nexus to the cultivation, manufacture, Transfer, transportation, or testing of Retail Marijuana, Retail Marijuana Concentrate, or Retail Marijuana Products. Except as otherwise provided by these rules, an Affiliated Interest holder shall neither exercise control of nor be positioned so as to enable the exercise of control over the Retail Marijuana Establishment or its operations. A Retail Marijuana Establishment shall report each of its Affiliated Interests to the Division with each application for initial licensure, renewal, change of ownership or change of corporate structure.
Affiliated interest means a person or corporation as defined in RCW 81.16.010.
Affiliated interest means a person who
Affiliated interest means a person who directly or indirectly, through one or more intermediaries, controls or is controlled by or is under common control with a public utility. Control includes instances when:
Affiliated interest means a person who directly controls or is controlled by or is under common control with a regulated entity, including an agent, representative, attorney, employee, officer, owner, director or partner of an affiliated interest. For the purposes of this definition, "control" includes the possession of the power to direct or cause the direction of the management and policies of a person, whether directly or indirectly, through the ownership, control or holding with the power to vote of ten percent or more of the person's voting securities;
Affiliated interest means a person who directly or indirectly, through one or more intermediaries, controls or is controlled by or is under common control with a public utility. Control includes instances where a person is an officer, director, partner, trustee or person of similar status or function or owns directly or indirectly or has a beneficial interest in ten percent or more of any class of securities of a person;
Affiliated interest means (1) every corporation and person owning or holding directly or indirectly five percent or more of the voting securities of such telecommunications utility; (2) every corporation and person in any chain of successive ownership of five percent or more of voting securities of such telecommunications utility; (3) every corporation five percent or more of whose voting securities are owned by any person or corporation owning five percent or more of the voting securities of such telecommunications utility or by any person or corporation in any chain of successive ownership of five