58 Pa. Code § 165.53 - Partnership stockholders
(a)
Requirement to obtain affidavit. Whenever a transfer of stock
of any corporation which is licensed by the Commission, or of any corporation
which leases to such licensee the track at which it conducts pari-mutuel
thoroughbred horse races, or which owns 25% or more of the stock of such
licenses, shall be made to a partnership, said corporation shall obtain
contemporaneously with said transfer, whether original issuance or otherwise,
an affidavit, in duplicate, executed by a general partner containing the
following:
(1) The trade name of the
partnership.
(2) The address of its
principal office.
(3) If a foreign
partnership, the address of its principal office, if any, in this
Commonwealth.
(4) The names,
addresses, and ages of all the general and limited partners, designating which
partners are general and which are limited.
(5) The number of shares transferred to the
partnership.
(6) A statement to the
effect that if there is any change in the status of the partnership with
respect to any of the matters set forth in paragraph (4), except with regard to
a change of age or address, it shall forthwith file with the corporation a new
affidavit setting forth such change of status.
(b)
Affidavits of partners.
In addition to the affidavit required under subsection (a) of this section, the
partnership shall file affidavits, in duplicate, containing the information set
forth in §
165.51(a)
(relating to individual stockholders-voting and nonvoting stock), executed by
every member of the partnership who possesses, either directly or indirectly,
the power to cause the direction of the management and policies of the
partnership, whether by contract or otherwise.
(c)
Change of status of affiant other
than by stock transfer. If subsequent to the filing of any affidavit
required under subsections (a) and (b), the status of any affiant changes with
respect to any of the matters set forth in subsection (a)(4) and (5), in the
case of a partnership affiant, or in §
165.51(a)(5) to
(12), inclusive, in the case of an individual
affiant, such partnership shall forthwith file with the corporation with which
his affidavit was originally filed, a new affidavit setting forth with
particularity such change; provided, however, that new affidavits need not be
filed if the only changes are changes relating to the age or address of the
partners.
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