Section 457-611-4 - OPENING AN ACCOUNTA. Each applicant shall submit an application to the Authority or any agent or contractor designated by the chief executive officer on such forms and with such attachments as the chief executive officer may require.B. The application shall contain the following:1) The name of the proposed beneficiary, unless the account participant is a state or local governmental entity (or agency or instrumentality thereof) or a 501(c)(3). Beneficiaries may be changed to any eligible individual, as permitted by federal requirements then in effect, upon the receipt of a request of the participant in the form designated by the Authority and accepted by the program;2) Any minimum investment required by the chief executive officer to open an account;3) The birth date of the beneficiary, unless the account is owned by a state or local governmental entity or a 501(c)(3);4) For individuals, the social security number or valid taxpayer identification number of the participant and the beneficiary. Distributions from accounts that lack a valid social security number or taxpayer identification number may be subject to penalties or the withholding of taxes at the time of distribution; and5) Such other information as the Authority may require including such factual representations as the Authority may reasonably require to evidence compliance with the participation agreement, the program description and federal requirements, which representations shall be deemed, if false, to constitute unsworn falsification within the meaning of 17-A MRSA §453.94-457 C.M.R. ch. 611, § 4