Legal entity information

We require a tax ID or a social security number from the following customer types:

Sole Proprietorship

Business or financial venture carried out by an individual and is not partnership.

  • Service should be established in name of party who owns business (not name of business).
  • Social Security number is required.
  • Sole proprietor is personally responsible for all financial obligations associated to the business.
  • Doing Business As (DBA) may be added to application.

General Partnership

  • Can be unlimited number of owners.
  • Owners are personally liable.
  • Federal or state tax ID is required.

Corporation

A company recognized by law as a single body with its own powers and liabilities, separate from those of the individual members.

  • Account must be placed in proper corporate name.
  • Federal or state tax ID is required.
  • Registered agent and incorporation location also must be provided.

Limited Liability Company (LLC or LLP)

  • Owners are not personally liable.
  • Accounts should be placed in proper LLC name
  • Federal or state tax ID is required.
  • Stakeholder/contact information for each account and managing member or registered agent must be provided.

Service Corporation (SC)

  • Individuals are not responsible.
  • Account must be placed in proper service corporation.
  • Federal or state tax ID is required.
  • Contact information for each account must be provided.