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RELATED PARTY DISCLOSURE FORM (City of Hobbs SBA Proposers only)1. Are you indebted to or have a receivable from any member of the City of Hobbs Commissioners, elected officials, or City of Hobbs

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How to fill out related party disclosure form

01

Obtain the related party disclosure form from the appropriate department or source.

02

Fill in all relevant fields accurately and completely.

03

Provide detailed information about the related party, including their relationship to the company and any transactions or agreements involved.

04

Ensure that all financial information is included and up to date.

05

Review the form for any errors or omissions before submitting it for review.

Who needs related party disclosure form?

01

Companies, organizations, or individuals who have transactions or relationships with related parties, such as parent companies, subsidiaries, key management personnel, or major shareholders, may need to fill out a related party disclosure form.

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What is related party disclosure form?

Related party disclosure form is a document that discloses relationships between a company and its related parties, such as key management personnel, significant shareholders, subsidiaries, and other related entities.

Who is required to file related party disclosure form?

Companies are typically required to file related party disclosure forms as part of their financial reporting obligations.

How to fill out related party disclosure form?

Related party disclosure forms are typically filled out by providing details of the related party relationships, transactions, and amounts involved.

What is the purpose of related party disclosure form?

The purpose of related party disclosure form is to ensure transparency and disclosure of any potential conflicts of interest that may arise from transactions with related parties.

What information must be reported on related party disclosure form?

Information such as the nature of the relationship, transactions entered into, amounts involved, and any safeguards in place to prevent conflicts of interest must be reported on related party disclosure form.

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