Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 19 - Alcoholic Beverage Control Board
Chapter 305 - Alcoholic Beverage Control Board
Article 8 - General Provisions
3 AAC 305.950 - Definitions
Universal Citation: 3 AK Admin Code 305.950
Current through August 30, 2024
(a) Except as provided under AS 04.11.450(h)(2), in this chapter, "affiliate" means
(1) an
individual's general partners and joint venturers, including
(A) any corporation of which the individual
owns 10 percent or more of the stock;
(B) any corporation of which the individual
is an officer or director;
(C) any
limited liability organization of which the individual is a member who holds 10
percent or more of the limited liability organization's ownership interest;
and
(D) any limited liability
organization of which the individual is a manager;
(2) a partnership's partners or joint
venturers, including
(A) any affiliates of a
partnership's partners or joint venturers;
(B) any corporation of which the partnership
or any individual partner holds 10 percent or more of the stock;
(C) any corporation of which any individual
partner is an officer or director;
(D) any limited liability organization of
which the partnership or any individual partner is a member who holds 10
percent or more of the limited liability organization's ownership interest;
and
(E) any limited liability
organization of which any individual partner is a manager;
(3) for a corporation,
(A) the corporation's shareholders who hold
10 percent or more of the corporation's stock;
(B) the corporation's officers and
directors;
(C) the corporation's
partners or joint venturers;
(D)
any affiliates of the corporation's partners or joint venturers;
(E) any other corporation of which the
subject corporation owns 10 percent or more of the stock;
(F) any other corporation for which the
subject corporation appoints one or more directors;
(G) any other corporation of which 10 percent
or more of the stock is held by a shareholder holding 10 percent or more of the
subject corporation's stock;
(H)
any limited liability organization of which the subject corporation is a member
and of which the subject corporation holds 10 percent or more of the limited
liability organization's ownership interest;
(I) any limited liability organization for
which the subject corporation appoints a manager;
(J) any limited liability organization of
which a shareholder holding 10 percent or more of the subject corporation's
stock is a member who holds 10 percent or more of the limited liability
organization's ownership interest; and
(K) any limited liability organization of
which a shareholder holding 10 percent or more of the subject corporation's
stock is a manager;
(4)
other persons who have significant control or influence over a person as
determined by the board;
(5) for a
limited liability organization,
(A) the
limited liability organization's manager
(B) a limited liability organization's
members who hold 10 percent or more of the limited liability organization's
ownership interest;
(C) a limited
liability organization's partners or joint venturers;
(D) any affiliates of a limited liability
organization's partners or joint venturers;
(E) any other limited liability organization
of which the subject limited liability organization is a member;
(F) any corporation of which the limited
liability organization owns 10 percent of more of the stock;
(G) any corporation for which the limited
liability organization appoints one or more directors;
(H) and any corporation of which 10 percent
of more of the stock is held by a member holding 10 percent or more of the
subject limited liability organization's ownership interest.
(b) For the purposes of sec. 169, ch. 8, SLA 2022, a "license issued" means a license in active status or in approved delegated status before January 1, 2024.
Authority:AS 04.06.090
AS 04.06.100
Sec. 169, ch. 8, SLA 2022
Disclaimer: These regulations may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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