(1). For an entity whose majority ownership is owned by, controlled by, held for the benefit of, or comprised of twenty or
fewer persons, partners, owners, trustees, beneficiaries, participants, members, or shareholders, the statement shall
identify by name and mailing address each person, partner, owner, trustee, beneficiary, participant, shareholder, or
member who owns, controls, or comprises ten percent or more of the entity.
(SDCL 12-27-16 (4))