The answer still does not address the fact that Not for Profit Incorporated Associations like ours do NOT have beneficial owners nor do we have any one person (or even persons) who have the right to spend our members funds without our Committee of Managements approval (currently 10 people on the Committee). So there is no way to answer this question honestly. Certainly no one with 25% ownership or voting rights!! PayPal needs to work out what an “appropriate question” might be for us to be able to answer honestly. Currently our answer is that the “Beneficial Owners” we have listed have 0% ownership, which doesn’t seem to be acceptable, even though this is true for us.
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