(a) “The Act” refers to Chapters 6 and 7 of Division 20 of the Food and Agricultural Code, commencing with section 55401;

(b) “Applicant” means only the legal entity applying for a license.

(c) “Control” means the possession of the power to direct or cause the direction of the management and policies of any person.

(d) “License” means official permission to do something. It includes any indicia of authority issued by the Department. These indicia include documents entitled license, registration, exemption, permit, or certificate. The terms, “indicia of authority,” “registration,” “exemption,” “permit,” or “certificate,” mean “license.”

(e) “Person” includes an individual, partnership, corporation, limited liability company, firm, company, or other entity. For all purposes pertinent to these regulations a limited liability company shall be treated the same as a corporation.

(f) “Principal Creditor” means a single creditor, secured or unsecured, who has provided long-term financing of a significant financial interest in the business licensed.

(g) “Significant Financial Interest” means ownership of at least 10% of the shares of a corporation or at least 10% of the equity of a partnership or limited liability company.

(h) “Significant Shareholder” means a shareholder who owns or controls at least 10% of the shares of a corporation.