Political Quotes

On the recordJune 17, 2009
Instead of collecting beneficial ownership information at the time that a new corporation is being formed in the United States, as our bill does, the NCCUSL proposal would allow hidden persons to obtain a U.S. corporation, misuse it, and only after the fact does it set up a process for requesting ownership information.
Said by
Carl Levin
Democratic · Michigan

Editor's note · Context

Critique of NCCUSL proposal's timing on beneficial ownership information.

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