Examples of Person with an Ownership or Control Interest in a sentence
Using the Department-specified disclosure form, and in accordance with 42 CFR § 455.104, the Contractor, if organized as a corporation, shall provide disclosures for each Person with an Ownership or Control Interest in the Contractor.
The required information includes: The name, address, date of birth, social security number (in the case of an individual) and tax identification number (in the case of a corporation) of each Person, with an Ownership or Control Interest in the MCO or in any subcontractor in which the MCO has direct or indirect ownership of five percent (5%) or more.
Conversely, if B owns 80 percent of the stock of a corporation that owns five percent of the stock of the disclosing entity, B's interest equates to a four-percent indirect ownership interest in the disclosing entity and need not be reported.(2) Person with an Ownership or Control Interest.
The required information includes: (a) the name, address, date of birth, social security number (in case of an individual), and tax identification number (in the case of a corporation) of each Person with an Ownership or Control Interest in the Delegated Entity or in any subcontractor in which there is direct or indirect ownership of 5% or more.
If DSHS determines that a Person with an Ownership or Control Interest is on a Medicaid exclusion list based on information produced by such checks and screenings, or other sources of such information, DSHS reserves the right in its sole discretion to immediately terminate this Contract or exercise its other remedies.