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This document is designed to disclose the ownership information of corporations or partnerships that intend to enter into a contract with public entities, in accordance with N.J.S.A. 52:25-24.2. It
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How to fill out disclosure of ownership form

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How to fill out Disclosure of Ownership Form

01
Obtain the Disclosure of Ownership Form from the relevant authority or organization.
02
Fill in your personal information at the top of the form, including your name, address, and contact details.
03
Provide details about your ownership interests in the organization, including the percentage of ownership and type of ownership (e.g., individual, partnership, corporation).
04
Include information about any affiliated parties, such as family members or business partners, if applicable.
05
Review the completed form for accuracy and completeness.
06
Sign and date the form to certify the information provided is true and correct.
07
Submit the form to the relevant authority or organization as instructed.

Who needs Disclosure of Ownership Form?

01
Individuals or entities that own a part of a business or organization.
02
Companies required to disclose ownership information for regulatory compliance.
03
Entities applying for government contracts or grants may need to complete this form.
04
Professionals in certain industries, such as healthcare or finance, may also be required to submit this form.
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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.
Disclosing Entity means a Medicaid provider and/or Medicaid applicant. Disclosing Entity means a Medicaid provider (other than an individual practitioner or group of practitioners), or a fiscal agent.
Person with ownership or control interest means a person or corporation that: Has an ownership interest totaling 5 percent or more in a disclosing entity; Has an indirect ownership interest equal to 5 percent or more in a disclosing entity; Has a combination of direct and indirect ownership interests equal to 5 percent
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.
Person with ownership or control interest means a person or corporation that: Has an ownership interest totaling 5 percent or more in a disclosing entity; Has an indirect ownership interest equal to 5 percent or more in a disclosing entity; Has a combination of direct and indirect ownership interests equal to 5 percent

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The Disclosure of Ownership Form is a document used to provide information about the ownership structure of an entity, including details about individuals or organizations that have a significant financial interest.
Typically, entities that are applying for certain types of government contracts or grants, or those regulated by specific government agencies, are required to file the Disclosure of Ownership Form.
To fill out the Disclosure of Ownership Form, individuals or entities must provide accurate information regarding the ownership structure, including names, addresses, and types of ownership interests of individuals or organizations involved.
The purpose of the Disclosure of Ownership Form is to ensure transparency in ownership and control of entities involved in government contracts, helping to prevent fraud and misrepresentation.
Information that must be reported includes the names and addresses of all owners, the nature and extent of their ownership interests, as well as any affiliates or subsidiaries involved.
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