ARM 42.15.902. FIRST-TIME HOME BUYER ACCOUNT ADMINISTRATOR REGISTRATION

(1) Every account administrator, except a self- administered account holder, is required to register on form FTB, which is provided by the department. (2) The registration form must contain: (a) the name, address, identification number of the entity, and the names of the owners or officers for a business; or (b) the name, address, and social security number for a sole proprietorship or partnership. (3) The account administrator number will be: (a) the federal employer identification number for a business; and (b) the social security number of the owner for a sole proprietor or partnership. (4) Non-registration does not relieve an account administrator from being responsible for reporting, withholding, and remitting penalties.