A. If the person required to file the statement referred to in Section 20-481.02 is a partnership, limited partnership, syndicate or other group, the director may require that the information required pursuant to Section 20-481.03 shall be given with respect to each partner of such partnership or limited partnership, each member of such syndicate or group and each person who controls such partner or member.

Terms Used In Arizona Laws 20-481.04

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: means an individual, a corporation, a partnership, an association, a joint stock company, a trust, an unincorporated organization and any similar entity or any combination of the foregoing acting in concert but does not include any joint venture partnership exclusively engaged in owning, managing, leasing or developing real or tangible personal property. See Arizona Laws 20-481

B. If any such partner, member or person is a corporation or the person required to file the statement referred to in Section 20-481.02 is a corporation, the director may require that the information required pursuant to Section 20-481.03 shall be given with respect to such corporation, each officer and director of such corporation and each person who is directly or indirectly the beneficial owner of more than ten per cent of the outstanding voting securities of such corporation.

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