Section 23-501. REQUIRED STATEMENTS

 

501.1An 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.

 

501.2An 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.

 

501.3An application for transfer to a new owner filed pursuant to D.C. Official Code § 25-405 must contain both a Bill of Sale and a Purchase and Sales Agreement.

 

source

Final Rulemaking published at 51 DCR 4309 (April 30, 2004); as amended by Final Rulemaking published at 55 DCR 12991 (December 26, 2008).