Okla. Admin. Code § 150:155-1-4 - Applications; contents
(a) Any business
seeking certification as a Diverse Business Enterprise may submit an
application to the Department on forms or otherwise in a format furnished by
the Department.
(b) The application
may request the following information:
(1) A
complete business history of the enterprise. This may include, as applicable,
copies of organizational documents such as the minutes of the first
organizational meeting, partnership agreements, articles of incorporation,
stock certificates and corporate bylaws or business statement of sole
proprietor.
(2) A listing of all
principals and the percentages of ownerships and resumes of all principals, key
managers and key personnel.
(3)
Current financial statements of the business, latest business income tax
returns, proof of investment by principals, bank resolution on all company
accounts, loan agreements, lease/rental agreements and other information as may
be necessary to verify control or ownership.
(4) Any additional information reasonably
necessary for the Department to determine whether the business qualifies for
certification under the rules of this chapter.
(c) As part of the application, the
Department may demand that an applicant provide photocopies of any
documentation the Department deems reasonable to determine if a business is an
Eligible Entity.
(d) Incomplete or
improperly completed applications may be returned to the applicant without
further consideration.
(e) Within a
reasonable time of having received a qualifying application and all supporting
documents, the Department may notify a qualifying company that they are
certified as a Diverse Business Enterprise and informing them of the length of
their certification.
Notes
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