Section 16-77-72 - RME for more than one contracting entity An individual may be an RME for more than one contracting entity if
(1) There is a common ownership of at least fifty-one per cent of the equity of each contracting entity for which the individual acts as the RME;(2) A contracting entity is a subsidiary of or joint venture with another contracting entity;(3) There is a direct family relationship between the RME and the officers, directors, members, managers, or partners of the other contracting entities for which the individual acts as the RME; or(4) There is a direct family relationship between the officers, directors, members, managers, and partners of all contracting entities for which the individual acts as the RME; and(5) The board is satisfied that it is in the public's interest and that the individual is competent, able, and qualified to be an RME for more than one contracting entity.[Eff 8/14/80; am and ren § 16-77-72, 6/22/81; am and comp 11/7/83; am and comp 4/14/88; am and comp 12/9/02; comp 4/15/04] (Auth: HRS § 444-4) (Imp: HRS §§ 444-4, 444-9, 444-11)