The Tennessee Corporate Interest Disclosure Statement is a form used by corporations to disclose any interest a director or officer of a corporation has in any other corporate entity. This form must be completed and filed with the Tennessee Secretary of State prior to the commencement of any business activities. It is important for shareholders and other interested parties to know what interests the directors and officers of a corporation may have in other companies. There are two types of Tennessee Corporate Interest Disclosure Statements. The first is the annual statement, which must be filed with the Secretary of State each year prior to the anniversary of the company’s formation. The second is the new interest statement, which must be filed whenever a director or officer acquires or divests interest in any other corporate entity. The Tennessee Corporate Interest Disclosure Statement requires the disclosure of the name and address of the company, the name and address of each director or officer, the name and address of the other corporate entity, the date of the acquisition or divestment of interest, and the type and amount of interest held. It must be signed by every director or officer of the company.