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What is the purpose of a disclosure form?

PURPOSE OF DOCUMENT The register to be kept is for the applicable companies and close corporations to submit any beneficial ownership information relating to that entity. Anyone with more than 5% beneficial ownership of a company or close corporation must submit (file) with the CIPC, the requisite information.

How to change ownership of an LLC in Wisconsin?

In Wisconsin, transferring LLC ownership does not need a lot of paperwork or steps. You must update the formation papers with the new ownership information, file the amendment to the formation document, tell people about it, and comply with the state.

What is beneficial ownership disclosure form?

Ownership is the legal right to use, possess , and give away a thing. Ownership can be tangible such as personal property and land, or it can be of intangible things such as intellectual property rights.

What is the disclosure of ownership form?

It helps ensure providers have not been unfairly barred from providing services under any federal health care program. It also helps ensure that Medicaid providers do not have relationships with individuals or entities that have been excluded or terminated from participating in any federal health care program.