Idaho Code 41-2860 – Equity Securities of Domestic Stock Insurance Companies — Statements of Ownership
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 41-2860
- Month: means a calendar month, unless otherwise expressed. See Idaho Code 73-114
- person: includes a corporation as well as a natural person;
Idaho Code 73-114
Every person who is directly or indirectly the beneficial owner of more than ten per cent (10%) of any class of any equity security of a domestic stock insurance company, or who is a director or an officer of such company, shall file in the office of the director of the department of insurance on or before the 1st day of July, 1965, or within ten (10) days after he becomes such beneficial owner, director or officer, a statement, in such form as the director of the department of insurance may prescribe, of the amount of all equity securities of such company of which he is the beneficial owner, and within ten (10) days after the close of each calendar month thereafter, if there has been a change in such ownership during such month, shall file in the office of the director of the department of insurance a statement, indicating his ownership at the close of the calendar month and such changes in his ownership as have occurred during such calendar month.