Disqualified form 2025

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2020 4.8 Satisfied (85 Votes)
2018 4.4 Satisfied (98 Votes)
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A disqualified person is any person who was in a position to exercise substantial influence over the affairs of the applicable tax-exempt organization at any time during the lookback period. It is not necessary that the person actually exercise substantial influence, only that the person be in a position to do so.
Below are some example sentences that illustrate the meaning and use of disqualified: taking away from someone the right to do or be a part of something. The winner was later disqualified for cheating. His poor eyesight disqualified him from becoming a pilot.
A recusal or disqualification is a method used to resolve an apparent or actual conflict of interest. A disqualified employee may be required to sign a written statement reflecting the scope of the disqualification and the precise nature of the conflicting interest or activity.
A Corporation is a disqualified person if a substantial contributor, foundation manager, 20 percent owner, or the family members of any such individuals, own more than 35 percent of the total combined voting power in the corporation. This includes constructive holdings.
to stop someone from being in a competition or doing something because they are unsuitable or they have done something wrong: be disqualified from Two top athletes have been disqualified from the championship after positive drug tests.
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transitive verb. 1. : to deprive of the required qualities, properties, or conditions : make unfit. 2. : to deprive of a power, right, or privilege.

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