Haw. Code R. § 16-97-7.2 - Responsible principal for more than one agency
An individual may be a responsible principal for more than one agency, but not more than two, if:
(1) There is a common ownership of at least
fifty-one percent of the equity of each entity for which the individual acts as
the responsible principal; or
(2)
An entity applying for an agency license is a subsidiary of or joint venture
with another licensed firm; or
(3)
There is an immediate and direct family relationship between the responsible
principal and the officers, directors, members, managers, or partners of the
other licensed firm for which the individual acts as the responsible principal;
or
(4) There is an immediate and
direct family relationship between the officers, directors, members, managers,
and partners of all detective or guard entities for which the individual acts
as the responsible principal; 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 a responsible principal for more than one agency.
Notes
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