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.