The definitions in this section shall apply throughout WAC 296-17-873 through 296-17-87306.
- (1) "Entity" means an individual, partnership, corporation, limited liability company, professional limited liability company, unincorporated association, or fiduciary operation (e.g. trust, receivership, or estate of deceased individual).
- (2) "Majority interest" means more than 50 percent ownership in the firm (business). If the owners of the firm (business) are a partnership, majority interest means more than 50 percent of the general partners' ownership in the firm (business). Majority interest in a partnership shall be determined in proportion to the general partners' ownership of the firm (business). For example, in a three-way partnership … partner A owns 20 percent of the business, partner B owns 20 percent of the business, and partner C owns 60 percent of the business … if partner A sold his/her share of the business, a majority interest still exists as partners B and C retain a majority interest (80 percent) in the firm (business). Limited partners shall not be considered to have an ownership interest for purpose of these rules.
- (3) "Joint venture" means a combination of two or more entities, entered into for the purpose of carrying to completion a specified job of limited duration.
- (4) "Employee leasing entity" means a firm (business) which provides workers on a long-term basis to another firm.
[Statutory Authority: RCW 51.04.020 and 51.16.035. WSR 25-23-070, s 296-17-87301, filed 11/18/25, effective 1/1/26; WSR 13-11-128, § 296-17-87301, filed 5/21/13, effective 7/1/13. Statutory Authority: RCW 51.04.020(1) and 51.16.035. WSR 90-20-092, § 296-17-87301, filed 10/1/90, effective 11/1/90; WSR 89-24-051 (Order 89-22), § 296-17-87301, filed 12/1/89, effective 1/1/90. Statutory Authority: RCW 51.04.030 and 51.16.035. WSR 79-12-086 (Order 79-18), § 296-17-87301, filed 11/30/79, effective 1/1/80.]