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How to calculate ownership percentages: <br />(a) Indirect ownership interest. The amount of indirect ownership interest is determined by multiplying the <br />percentages of ownership in each entity. For example, if A owns 10 percent of the stock in a corporation that <br />owns 80 percent of the stock of the disclosing entity, A's interest equates to an 8 percent indirect ownership <br />interest in the disclosing entity and must be reported. Conversely, if B owns 80 percent of the stock of a <br />corporation that owns 5 percent of the stock of the disclosing entity, B's interest equates to a 4 percent indirect <br />ownership interest in the disclosing entity and need not be reported. <br />(b) Person with an ownership or control interest. In order to determine percentage of ownership, mortgage, deed <br />of trust, note, or other obligation, the percentage of interest owned in the obligation is multiplied by the <br />percentage of the disclosing entity's assets used to secure the obligation. For example, if A owns 10 percent of a <br />note secured by 60 percent of the provider's assets, A's interest in the provider's assets equates to 6 percent <br />and must be reported. Conversely, if B owns 40 percent of a note secured by 10 percent of the provider's assets, <br />B's interest in the provider's assets equates to 4 percent and need not be reported. <br />Code of Federal Regulations (CFR) is the codification of the general and permanent rules published in the <br />Federal Register by the departments and agencies of the Federal Government. These regulations can be found <br />at: htt ://Www. o_ ov/fds s/browse/collectionCfr.action?collectionCode=CFR <br />Washington Administrative Code (WAC) is the regulations of executive branch agencies issued by authority of <br />statutes. <br />Like legislation and the Constitution, regulations are a source of primary law in Washington State. The WAC <br />codifies the regulations and arranges them by subject or agency. These regulations can be found at: <br />htt:/Japps.le-g.wa.goviwac/default.aspx <br />DSHS 27-094 (REV. 02/2017) Page 8 <br />