Common use of Family Code Disclosure of Ownership Clause in Contracts

Family Code Disclosure of Ownership. Pursuant to the requirements of the Texas Family Code, Section 231.006, regarding delinquent child support, the individual or business entity named in this Agreement is not ineligible to receive payment under this Agreement or in any Assignment and, if applicable, PSP has provided, prior to its execution of this Agreement, and prior to the execution of any Assignment, shall provide the name and social security number of each such person (sole proprietors, firm owners, partners, or shareholders) holding at least twenty-five percent (25%) ownership of the business entity entering into this Agreement and into any Assignment. PSP acknowledges that this Agreement and any Assignment may be terminated and payment may be withheld if this certification is inaccurate.

Appears in 49 contracts

Samples: Professional Services Agreement, Indefinite Delivery Indefinite Quantity Professional Services Agreement, Professional Services Agreement

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