Section 121.20  Officer

a)         If the Organization is a sole proprietorship, the owner of the Organization or any person exercising managerial control shall be considered an officer.

b)         If the Organization is a partnership, any partner who has at least 10% ownership interest or any partner who exercises managerial control shall be considered an officer.

c)         If the Organization is a corporation, any officer or director of the corporation or any person who has at least 10% ownership interest in such corporation or who exercises managerial control shall be considered an officer.