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SECURITIES & EXCHANGE COMMISSION EDGAR FILINGDOCUMENT SECURITY SYSTEMS Inform: 8K Date Filed: 20161208Corporate Issuer CIK: 771999 Copyright 2016, Issuer Direct Corporation. All Right Reserved. Distribution
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DSS stands for Declaration of Solvency Statement and its wholly-owned refers to subsidiaries or companies which are fully owned by another company.
Companies or entities that fully own subsidiaries are required to file the DSS and its wholly-owned.
The DSS and its wholly-owned can be filled out online on the relevant regulatory authority's website or in paper form and submitted by mail.
The purpose of DSS and its wholly-owned is to declare the solvency status of a company and its fully-owned subsidiaries.
Companies need to report financial information, ownership details, and solvency declaration for both the company and its wholly-owned subsidiaries.
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