Ariz. Admin. Code § R9-18-301 - Principal Officers and Board Members

A. For the purposes of this Chapter, in addition to the individual or individuals identified in the marijuana establishment's by-laws or other organizational governing documents as principal officers of the marijuana establishment, if applicable, the following individuals are considered principal officers:

1. If a corporation is applying for a marijuana establishment license, two individuals who are officers of the corporation, including, but not limited to, the president or chief executive officer and those individuals serving in the positions of secretary and treasurer;

2. If a partnership is applying for a marijuana establishment license, all individuals who are general partners and the principal officers of any entity general partner;

3. If a limited liability company is applying for a marijuana establishment license, all managers of a manager-managed limited liability company, all members of a member-managed limited liability company, and the principal officers of an entity manager or member;

4. If an association or cooperative is applying for a marijuana establishment license, the chief executive officer, executive director, or other comparable leader of the association or cooperative; and

5. If a business organization type other than those described in subsections (A)(1) through (4) is applying for a marijuana establishment license, two individuals who occupy the top leadership positions of the business organization.

B. For purposes of this Chapter, in addition to the individual or individuals identified in the marijuana establishment's by-laws or other organizational governing documents as board members of the marijuana establishment, if applicable, the following individuals are considered board members:

1. If a corporation is applying for a marijuana establishment license, the members of the board of directors of the corporation;

2. If a partnership is applying for a marijuana establishment license, the partners who are not limited partners;

3. If a limited liability company is applying for a marijuana establishment license, the principal officers of the limited liability company;

4. If an association or cooperative is applying for a marijuana establishment license, the principal officers of the association or cooperative; and

5. If a business organization type other than the types of business organizations in subsections (B)(1) through (4), the principal officers of the business organization.

Notes

Ariz. Admin. Code § R9-18-301

Adopted by final exempt rulemaking at 27 A.A.R. 111, effective 1/15/2021.