La. Admin. Code tit. 37 § XIII-7105
Current through Register Vol. 50, No. 11, November 20, 2024
Section XIII-7105 - Disclosure of Equivalent InformationA. Unless proxies, consents or authorizations in respect of any class of equity security of a domestic insurer subject to §7101 hereof are solicited by or on behalf of the management of such insurer from the holders of record of such security in accordance with this regulation and the Schedules hereunder prior to any annual or other meeting of such security holders, such insurer shall, in accordance with this regulation and such further regulations as the commissioner may adopt, file with the commissioner and transmit to all security holders of record information substantially equivalent to the information which would be required to be transmitted if a solicitation were made. Such insurer shall transmit a written information statement containing the information specified in §7109. D to every security holder who is entitled to vote in regard to any matter to be acted upon at the meeting and from whom a proxy is not solicited on behalf of the management of the insurer; provided, that in the case of a class of securities in unregistered or bearer form such statement need be transmitted only to those security holders whose names and addresses are known to the insurer.La. Admin. Code tit. 37, § XIII-7105
Promulgated by the Department of Insurance, Commissioner of Insurance, March 17, 1965, amended April 1, 1967.AUTHORITY NOTE: Promulgated in accordance with R.S. 22:1525 and 22:1533.