WBE AFFIDAVIT Missouri Gaming Commission Form

What is the WBE Affidavit Missouri Gaming Commission

The WBE Affidavit is a legal document required by the Missouri Gaming Commission to certify that a business qualifies as a Women-Owned Business Enterprise (WBE). This affidavit serves as a declaration of the ownership and control of the business by women, ensuring compliance with state regulations aimed at promoting diversity in the gaming industry. The affidavit is essential for businesses seeking to participate in contracts or projects funded by the Missouri Gaming Commission, as it verifies their eligibility for specific programs and opportunities.

Key Elements of the WBE Affidavit Missouri Gaming Commission

The WBE Affidavit includes several critical components that must be accurately completed to ensure validity. Key elements typically include:

• Business Information: Name, address, and contact details of the business.
• Ownership Details: Information about the women owners, including their percentage of ownership and roles within the company.
• Control Statement: A declaration affirming that women control the business operations and decision-making processes.
• Supporting Documentation: Required documents that substantiate the claims made in the affidavit, such as business formation documents and financial statements.

Steps to Complete the WBE Affidavit Missouri Gaming Commission

Completing the WBE Affidavit involves a series of straightforward steps:

1. Gather necessary documentation that proves ownership and control.
2. Fill out the affidavit form with accurate business and owner information.
3. Review the completed affidavit for any errors or omissions.
4. Submit the affidavit along with the required supporting documents to the Missouri Gaming Commission.

Legal Use of the WBE Affidavit Missouri Gaming Commission

The WBE Affidavit holds significant legal weight as it is utilized by the Missouri Gaming Commission to ensure compliance with state laws regarding minority business participation. Misrepresentation in the affidavit can lead to serious legal consequences, including penalties and disqualification from future contracts. Thus, it is crucial for businesses to ensure that all information provided is truthful and verifiable.

Eligibility Criteria for the WBE Affidavit Missouri Gaming Commission

To qualify for the WBE Affidavit, businesses must meet specific eligibility criteria, which generally include:

• The business must be at least fifty-one percent owned, operated, and controlled by one or more women.
• The business should be a for-profit entity and legally registered in Missouri.
• Owners must demonstrate their active involvement in the daily operations and decision-making of the business.

How to Obtain the WBE Affidavit Missouri Gaming Commission

The WBE Affidavit can be obtained directly from the Missouri Gaming Commission’s official website or by contacting their office. It is advisable to ensure that you are using the most current version of the affidavit to comply with any recent changes in regulations. Additionally, guidance may be available from local business development centers that assist with the application process.