District of Columbia Statutes

§ 47-2861 — Definitions.

District of Columbia·Title 47 Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]·Ch. 28 General License Law.·Subch. II Clean Hands Before Receiving a License or Permit.

For the purposes of this subchapter, the term:

(A)“Applicant” means:
(i)An individual, business, or other entity that applies for the license or permit; and
(ii)Any person that owns a majority interest in the business or other entity; provided, that this sub-subparagraph shall not apply to a majority interest in a publicly-traded corporation.
(B)For the purposes of this paragraph, the term “majority interest” means:
(i)In the case of a corporation, more than 50% of the total combined voting power of all classes of stock of the corporation or more than 50% of the total value of all of the corporation;
(ii)In the case of a partnership, or entity treated as a partnership, more than 50% of the total interest in the capital or profits of a partnership or entity t

Free access — add to your briefcase to read the full text and ask questions with AI

District of Columbia § 47-2861 (Definitions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Parham v. District of Columbia
(District of Columbia, 2022)
United States v. Brand
(District of Columbia, 2025)

Legislative History

May 11, 1996, D.C. Law 11-118, § 2, 43 DCR 1191; enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575; Oct. 21, 2000, D.C. Law 13-183, § 2(b), 47 DCR 7062; Mar. 2, 2007, D.C. Law 16-192, § 1011(b), 53 DCR 6899

Nearby Sections

15
View on official source ↗