§ 6.1-245. Definitions
As used in this chapter, unless a different meaning or construction is clearly required by the context:
"Commissioner" means the Commissioner of the Bureau of Financial Institutions of the State Corporation Commission.
"License" means a single license issued hereunder with respect to a single place of business.
"Licensee" means a person to whom one or more licenses have been issued.
"Person" means any individual, firm, corporation, limited liability company, partnership, association, trust, or legal or commercial entity, or group of individuals however organized.
"Principal" means any person who, directly or indirectly, owns or controls (i) 10 percent or more of the outstanding stock of a stock corporation or (ii) a 10 percent or greater interest in a person.
(Code 1950, § 6-275; 1966, c. 584; 1978, c. 14; 2005, c. 63.)
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