Common use of Disclosure of Ownership Clause in Contracts

Disclosure of Ownership. The MCO, as a “disclosing entity,” must supply BMS with full and complete information of each person (individual or corporation) with an ownership or control interest in the MCO or the MCO’s Subcontractor in which the MCO has direct, or indirect ownership as outlined below and in accordance with 42 CFR §455.104. The MCO and its subcontractors are required to disclose to the state any persons or corporations with an ownership or control interest in the MCO that: 1. Has direct, indirect, or combined direct/indirect ownership interest of five percent (5%) or more of the MCO’s equity; 2. Owns five percent (5%) or more of any mortgage, deed of trust, note, or other obligation secured by the MCO if that interest equals at least five percent (5%) of the value of the MCO’s assets; 3. Is an officer or director of an MCO organized as a corporation; or 4. Is a partner in an MCO organized as a partnership.

Disclosure of Ownership. The MCO, as a “disclosing entity,” must supply BMS with full and complete information of each person (individual or corporation) with an ownership or control interest in the MCO or the MCO’s Subcontractor in which the MCO has direct, direct or indirect ownership as outlined below and in accordance with 42 CFR §455.104. The MCO and its subcontractors are required to disclose to the state any persons or corporations with an ownership or control interest in the MCO that: 1. Has direct, indirect, or combined direct/indirect ownership interest of five percent (5%) or 5%)or more of the MCO’s equity; 2. Owns five percent (5%) or more of any mortgage, deed of trust, note, or other obligation secured by the MCO if that interest equals at least five percent (5%) of the value of the MCO’s assets; 3. Is an officer or director of an MCO organized as a corporation; or 4. Is a partner in an MCO organized as a partnership.?

Disclosure of Ownership. The MCO, as a “disclosing entity,” must supply BMS DHHR with full and complete information of each person (individual or corporation) with an ownership or control interest in the MCO or the MCO’s Subcontractor in which the MCO has direct, direct or indirect ownership as outlined below and in accordance with 42 CFR §455.104. The MCO and its subcontractors are is required to disclose to the state any persons or corporations with an ownership or control interest in the MCO that: 1. Has direct, indirect, or combined direct/indirect ownership interest of five percent (5%) percent or more of the MCO’s equity; 2. Owns five percent (5%) percent or more of any mortgage, deed of trust, note, or other obligation secured by the MCO if that interest equals at least five percent (5%) percent of the value of the MCO’s assets; 3. Is an officer or director of an MCO organized as a corporation; or 4. Is a partner in an MCO organized as a partnership.

Disclosure of Ownership. The MCO, as a “disclosing entity,” must supply BMS DHHR with full and complete information of each person (individual or corporation) with an ownership or control interest in the MCO or the MCO’s Subcontractor in which the MCO has direct, direct or indirect ownership as outlined below and in accordance with 42 CFR §455.104. The MCO and its subcontractors are required to disclose to the state any persons or corporations with an ownership or control interest in the MCO that: 1. Has direct, indirect, or combined direct/indirect ownership interest of five percent (5%) or more of the MCO’s equity; 2. Owns five percent (5%) or more of any mortgage, deed of trust, note, or other obligation secured by the MCO if that interest equals at least five percent (5%) of the value of the MCO’s assets; 3. Is an officer or director of an MCO organized as a corporation; or 4. Is a partner in an MCO organized as a partnership.?

Disclosure of Ownership. The MCO, as a “disclosing entity,” must supply BMS with full and complete information of each person (individual or corporation) with an ownership or control interest in the MCO or the MCO’s Subcontractor in which the MCO has direct, or indirect ownership as outlined below and in accordance with 42 CFR §455.104. The MCO and its subcontractors are required to disclose to the state any persons or corporations with an ownership or control interest in the MCO that: 1. Has direct, indirect, or combined direct/indirect ownership interest of five percent (5%) or more of the MCO’s equity; 2. Owns five percent (5%) or more of any mortgage, deed of trust, note, or other obligation secured by the MCO if that interest equals at least five percent (5%) of the value of the MCO’s assets; 3. Is an officer or director of an MCO organized as a corporation; or 4. Is a partner in an MCO organized as a partnership.?

Disclosure of Ownership. The MCO, as a “disclosing entity,” must supply BMS the Department with full and complete information of each person (individual or corporation) with an ownership or control interest in the MCO or the MCO’s Subcontractor in which the MCO has direct, or indirect ownership as outlined below and in accordance with 42 CFR §455.104. The MCO and its subcontractors are required to disclose to the state any persons or corporations with an ownership or control interest in the MCO that: 1. Has direct, indirect, or combined direct/indirect ownership interest of five percent (5%) or more of the MCO’s equity; 2. Owns five percent (5%) or more of any mortgage, deed of trust, note, or other obligation secured by the MCO if that interest equals at least five percent (5%) of the value of the MCO’s assets; 3. Is an officer or director of an MCO organized as a corporation; or 4. Is a partner in an MCO organized as a partnership.

Disclosure of Ownership. The MCO, as a “disclosing entity,” must supply BMS DHHR with full and complete information of each person (individual or corporation) with an ownership or control interest in the MCO or the MCO’s Subcontractor in which the MCO has direct, or indirect ownership as outlined below and in accordance with 42 CFR §455.104. The MCO and its subcontractors are required to disclose to the state any persons or corporations with an ownership or control interest in the MCO that: 1. Has direct, indirect, or combined direct/indirect ownership interest of five percent (5%) or more of the MCO’s equity; 2. Owns five percent (5%) or more of any mortgage, deed of trust, note, or other obligation secured by the MCO if that interest equals at least five percent (5%) of the value of the MCO’s assets; 3. Is an officer or director of an MCO organized as a corporation; or 4. Is a partner in an MCO organized as a partnership. 8.7.1 Disclosure Report Requirements

Disclosure of Ownership. The MCO, as a “disclosing entity,” must supply BMS DHHR with full and complete information of each person (individual or corporation) with an ownership or control interest in the MCO or the MCO’s Subcontractor in which the MCO has direct, or indirect ownership as outlined below and in accordance with 42 CFR §455.104. The MCO and its subcontractors are required to disclose to the state any persons or corporations with an ownership or control interest in the MCO that: 1. Has direct, indirect, or combined direct/indirect ownership interest of five percent (5%) or more of the MCO’s equity; 2. Owns five percent (5%) or more of any mortgage, deed of trust, note, or other obligation secured by the MCO if that interest equals at least five percent (5%) of the value of the MCO’s assets; 3. Is an officer or director of an MCO organized as a corporation; or 4. Is a partner in an MCO organized as a partnership.?

Disclosure of Ownership. The MCO, as a “disclosing entity,” must supply BMS with full and complete information of each person (individual or corporation) with an ownership or control interest in the MCO or the MCO’s Subcontractor in which the MCO has direct, direct or indirect ownership as outlined below and in accordance with 42 CFR §455.104. The MCO and its subcontractors are required to disclose to the state any persons or corporations with an ownership or control interest in the MCO that: 1. Has direct, indirect, or combined direct/indirect ownership interest of five percent (5%) or more of the MCO’s equity; 2. Owns five percent (5%) or more of any mortgage, deed of trust, note, or other obligation secured by the MCO if that interest equals at least five percent (5%) of the value of the MCO’s assets; 3. Is an officer or director of an MCO organized as a corporation; or 4. Is a partner in an MCO organized as a partnership.?