Sec. 25.521  Who may sign applications.

    (a) Except as provided in paragraph (b) of this section, every 
application or amendment thereto shall be personally signed by the 
applicant, if the applicant is an individual; by one of the partners, if 
the applicant is a partnership; by an officer if the applicant is a 
corporation; or by a member who is an officer, if the applicant is an 
unincorporated association.
    (b) Applications and amendments thereto may be signed by the 
applicant's attorney in case of the applicant's physical disability, or 
in case the applicant does not reside in any of the contiguous 48 states 
of the United States or in the District of Columbia. The attorney shall 
in that event separately set forth the reason why the application is not 
signed by the applicant. In addition, if any matter is stated on the 
basis of the attorney's belief only (rather than his knowledge), he 
shall separately set forth his reasons for believing that such 
statements are true.
    (c) Only the original of applications and amendments thereto need be 
signed; copies may be conformed.
    (d) Applications and amendments thereto need not be signed under 
oath; however, willful false statements made therein, are punishable by 
fine and imprisonment, U.S. Code, Title 18, section 1001, and by 
appropriate administrative sanctions, including refusal or revocation of 
authorization to purchase, obtain, own, or otherwise hold shares of 
stock in the corporation.