BENEFICIAL_OWNERSHIP_TYPES
Beneficial Ownership Types indicate the type of ownership a person has over a business.
Available Types
| Type | Description |
|---|---|
| CONTROL_PRONG | The single individual with significant responsibility to control, manage or direct a business. Only one person can be designated as the CONTROL_PRONG owner per business. |
| OWNERSHIP_PRONG | Each individual who, directly or indirectly, owns a significant percent or more of the equity interests of a business. Typically that significant percentage is defined as 25 percent. |
Updated about 1 year ago