Associates may wish to operate under an organization/company name or a corporate name. Before the Associate's file can be completed, some additional information is required. Associates should MAIL THE INFORMATION LISTED BELOW TO POB 1379, ADA, OK 74820 TO THE ATTENTION OF ASSOCIATE SERVICES. YOUR FEDERAL TAX ID NUMBER WILL BE USED TO IDENTIFY YOUR ASSOCIATE AGREEMENT.
NOTE: COMMISSIONS WILL BE HELD UNTIL ALL INFORMATION IS RECEIVED.
A list of all owners, officers, directors, or shareholders owning 10% or more of the business, along with their Social Security numbers. If incorporated, a copy of the Articles of Incorporation.
Proof of assignment of a Federal Tax ID number.
List of writing agents on the account
Corporate names cannot contain the words "LegalShield." Associates cannot work under company names that sound like a law firm's name or names that imply the Associate is providing the legal services. It must be evident that the Associate is only marketing the services. New corporate names to describe this business should be approved by the Corporate Office prior to registration.
Associates or writing agents who sell under a company name must have the same sponsor as the original entity. "Stacking" of commissions is not permitted.
Corporations cannot sponsor members of their Board of Directors, owners of more than 10% of the stock, or any officer of the company. In a state where a license is required to sell the product, the following additional information is required:
Verification that all owners and partners are licensed to do business under this Agreement.
Verification that the business is licensed as a General Agency in the state in which business will be conducted.
Each person selling under the Agreement must be properly licensed in the state.
A corporation or business cannot be licensed in Texas, Mississippi, Alabama, or Florida.
Associates may not receive commissions on memberships sold prior to their license date.
Each selling Associate under a corporation, agency, or entity must include his or her personal Social Security number on the Membership application along with the Associate number of the corporation, agency, or entity. This will allow the Associate's business to be processed without undue delay.
The entity name listed on the Associate Agreement must match the number to which income is reported.