Owner or Controlling Person

Owner or Controlling Person - An owner or controlling person includes the following:

MSB Owner or Controlling Person
Sole Proprietorship.............. the individual who owns the business
Partnership......................... a general partner
Trust.................................. a trustee
Corporation......................... the largest single shareholder

MSB is a Public Corporation. If the MSB is a public corporation, a duly authorized officer of the public corporation may register the MSB and may sign the form on behalf of the corporation.

Multiple Owners/Controlling Persons. If two or more persons own equal numbers of shares of an MSB that is a corporation, those persons may enter into an agreement designating one of them to register the MSB.

Owner/Controlling Person is a Corporation. If the owner or controlling person is a corporation, a duly authorized officer of the owner-corporation may sign the form on behalf of the owner-corporation.