Rule 7.1.Disclosure Statement
Enacted effective October 1, 2011 · Last verified June 26, 2026
Full Text of Rule 7.1
Plain-English Summary
Judges need to know who stands behind a corporate litigant so they can identify financial conflicts that might require recusal. Rule 7.1 supplies that information.
A nongovernmental corporate party must file and serve a disclosure statement that identifies any parent corporation and any publicly held corporation that owns 10% or more of the party’s stock — or states that there is no such corporation. The statement is due with the party’s first filing in the case, and the party must promptly supplement it if the ownership information changes.
Frequently Asked Questions
Who has to file a corporate disclosure statement?
A nongovernmental corporate party.
What must the disclosure statement say?
It must identify any parent corporation and any publicly held corporation that owns 10% or more of the party’s stock — or state that there is no such corporation.
When is it due?
With the party’s first appearance, pleading, motion, or other request addressed to the court, and it must be promptly supplemented if the information changes.