Additional Requirements for a Commercial Business
You must submit the following clean and legible documents for all substantial interest holders and their spouses.
A substantial interest holder is a person who has actual or potential influence over the management or operation of any organizations (WAC 230-03-045). Examples are:
- owning, operating, managing, or controlling an entity
- profiting from an entity
- assuming liability for debts or expenditures of the entity
- being an officer, director or managing member
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ADDITIONAL DOCUMENTS NEEDED |
SOLE PROPRIETORSHIP |
LIMTED OR GENERAL PARTNERSHIP |
LLC |
CORPORATION |
|---|---|---|---|---|
|
A Personal/Criminal History Statement (BLS-700-301). |
X |
X |
X |
X |
|
A copy of valid identification (ex: driver’s license, state ID, passport or alien registration). |
X |
X |
X |
X |
|
Copies of any civil, criminal or administrative action. |
X |
X |
X |
X |
|
A Financial Statement (GC4-320) for each individual and business (provided). |
X |
X |
X |
X |
|
A Source of Funds Statement (GC4-321) for each individual and business along with documents proving where the financial sources came from. Examples are:
|
X |
X |
X |
X |
|
If the funds were not from a federal or state recognized financial institution such as a relative or friend, then each person must complete a Personal/Criminal History Statement (BLS-700-301), a Financial Statement (GC4-320) and a Source of Funds Statement (GC4-321) with supporting documents. |
X |
X |
X |
X |
|
Authorization for Examination and Release of Information (GC4-299) |
X |
X |
X |
X |
|
Fingerprinting required if lived out-of-state for more than 6 months in the past 10 years (GC5-231, GC5-232, and GC5-029). |
X |
X |
X |
X |
|
Ownership Disclosure (GC4-021). |
|
X |
X |
X |
|
Partnership agreement listing each partner, managing partners and dissolution procedures. |
|
X |
|
|
|
LLC agreement listing managing member, units issued, purpose, duration, capital, distributions and member withdrawal procedures. |
|
|
X |
|
|
LLC Certificate of Formation with verification it has been recorded with the Secretary of State’s Office. |
|
|
X |
|
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Articles of Incorporation listing name, officers, stockholders, stock authorized to issue, and verification it has been recorded with the Secretary of State’s Office. |
|
|
|
X |
|
Meeting minutes showing issuance of stock and election of officers. |
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|
|
X |