D.C. Mun. Regs. tit. 23, r. 23-501

Current through Register Vol. 71, No. 49, December 6, 2024

Rule 23-501 - REQUIRED STATEMENTS

501.1

An applicant for any license, except a Solicitor's license, or Manager's license shall submit two (2) statements, in such form as the Board shall require, as to the following:

(a) The applicant is the true and actual owner of the business for which the license is sought; that he or she intends to carry on the business for himself or herself and not as the agent of any other individual, partnership, association, or corporation not identified in the application; and that the licensed establishment will be managed by the applicant in person or by a manager approved by the Board.

501.2

An applicant for any license shall advise the Board, in the application, as to the source of funds used to acquire or develop the business for which the license is sought, provided, however, that independent documentation concerning the source of such funds shall not be required as part of the application nor shall the applicant be required to file copies of closing documents in connection with the purchase of a licensed business in the absence of a Board order.

501.3

An applicant requesting the transfer of a license to a new owner pursuant to D.C. Official Code § 25-405 shall submit a completed transfer application and any documentation and other written statements evidencing the legal transfer of the license, including the financial details surrounding the transfer, and establishing to the Board's satisfaction that the new owner meets all of the qualifications of D.C. Official Code § 25-301.

D.C. Mun. Regs. tit. 23, r. 23-501

Final Rulemaking published at 51 DCR 4309 (April 30, 2004); as amended by Final Rulemaking published at 55 DCR 12991 (December 26, 2008); amended by Final Rulemaking published at 66 DCR 001822 (2/8/2019)