Following are definitions for the purpose of this title. Other definitions are in WAC 314-01-005 and RCW 66.08.010.
- (1) "Applicant" or "liquor license applicant" means any person or business entity who is considered by the board as a true party of interest in a liquor license or permit application, as outlined in WAC 314-07-035.
- (2) "Building" means a stationary structure with floor to ceiling solid walls and a roof. A food truck is not a "building."
- (3) "Business name" or "trade name" means the name of a licensed business as used by the licensee on signs, advertising, etc.
- (4) "Financier" means any person or entity who has made or will make an investment in the licensed business of more than $10,000. A "financier" can be someone who provides money as a gift, someone who loans money to the business and expects to be paid back the amount of the loan without interest, or someone who invests money into the business expecting a percentage of the profits, but accepts the risk that there may not be a full return on the investment. These persons or entities shall submit appropriate investigation level "financier" financial documents.
- (5) "Licensee" or "liquor licensee" means any person or entity that holds a liquor license or permit, or any person or entity who is a true party of interest in a liquor license or permit, as outlined in WAC 314-07-035.
- (6) "Public institution" means a public college or university. (See WAC 314-07-020 regarding the liquor and cannabis board notifying public institutions of liquor license applications.)
[Statutory Authority: RCW 66.08.030 and 2015 c 70. WSR 24-16-064, § 314-07-010, filed 7/31/24, effective 8/31/24. Statutory Authority: RCW 66.08.030. WSR 17-12-030, § 314-07-010, filed 5/31/17, effective 7/1/17. Statutory Authority: RCW 66.08.030 and 66.24.010. WSR 15-11-106, § 314-07-010, filed 5/20/15, effective 6/20/15; WSR 10-10-126, § 314-07-010, filed 5/5/10, effective 6/5/10. Statutory Authority: RCW 66.08.030, 66.24.010, 66.24.015, and 66.24.025. WSR 05-07-012, § 314-07-010, filed 3/4/05, effective 4/4/05.]