What percentage of ownership is required for one person to act as the qualifying party for two licenses?

To determine the percentage of ownership required for one individual to act as the qualifying party for two licenses, it's important to reference the relevant statutes governing licensing in this context. Typically, regulatory bodies establish specific thresholds of ownership that must be met for a qualifying party to ensure that they have a substantial control over the business entities in question.

In this case, a threshold of 25% ownership indicates that the individual has a significant enough stake in each business to be considered responsible and capable of managing the operations. This requirement ensures that the qualifying party can effectively oversee compliance with licensing regulations and manage the responsibilities associated with holding a license.

A lower threshold, like 5% or 10%, would not provide enough assurance that the individual has a meaningful stake in the business, which could lead to issues with accountability and governance. Similarly, 50% is a common threshold in other contexts but exceeds the requirement in this specific scenario.

Thus, the established percentage of 25% is both a regulatory standard and a practical measure to ensure responsible operation of multiple licensed entities.