The following information is required for individuals owning 20 percent or more to entities being established or updated:
- Date of birth
- Residential address
- Social Security number or tax identification number
- Valid government issued ID (e.g., driver license, U.S. military ID, passport)
Additionally, one individual (control person) must be designated with significant responsibility to manage the legal entity being established or updated such as: An executive officer or senior manager (e.g., chief executive officer, chief financial officer, chief operating officer, managing member, general partner, president, vice president, treasurer); or any other individual who regularly performs similar functions.