The Michigan Statement of Disclosure of Corporate Affiliations And Financial Interest (MADCAP) is a document that must be filed with the State of Michigan in order to disclose any corporate affiliations and financial interests that a person or business has in the state. This document is also commonly referred to as a Michigan “Statement of Interest” or “Corporate Disclosure Statement.” MADCAPCAFI serves as a way for the state to ensure that individuals and businesses are in compliance with Michigan law when it comes to disclosing any corporate affiliations and financial interests they have in the state. The document must be filed at least annually and must include information on any corporate entities that the filer is affiliated with, any investments the filer owns in any Michigan-based businesses, and any loans or other financial interests the filer holds in the state. The two main types of Michigan Statement of Disclosure of Corporate Affiliations And Financial Interest are the “Individual Disclosure Statement” and the “Business Disclosure Statement.” The Individual Disclosure Statement must be filed by any individuals who have any corporate affiliations or financial interests in the state of Michigan. The Business Disclosure Statement must be filed by any businesses that have any corporate affiliations or financial interests in the state of Michigan. The filing of the MADCAP is an important step for any individuals or businesses that have any corporate affiliations or financial interests in the state of Michigan. It serves as a way to ensure compliance with Michigan law and to help keep the state’s business climate transparent and accountable.