§ 83-19-93. Transmission of security information.
129 words·~1 min read·
/ms/title-83-insurance/general-provisions/83-19-93·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Unless proxies, consents, or authorizations in respect of an equity security of a domestic stock insurance company are solicited by or on behalf of the management of such company from the holders of record of such security in accordance with the rules and regulations prescribed under Section 83-19-91 prior to any annual or other meeting of the holders of such security, such company shall, in accordance with such rules and regulations as the commissioner of insurance may prescribe as necessary or appropriate in the public interest or for the protection of investors, if required thereby, file with the commissioner of insurance and transmit to all holders of record of such security information substantially equivalent to the information which would be required to be transmitted if a solicitation were made.