Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69O - OIR - Insurance Regulation
Chapter 69O-143 - DOMESTIC INSURERS
Section 69O-143.028 - Disclosure of Equivalent Information

Universal Citation: FL Admin Code R 69O-143.028
Current through Reg. 50, No. 187; September 24, 2024

Unless proxies, consents or authorizations in respect of any class of stock of a domestic insurer subject to rule 69O-143.026, F.A.C., are solicited by or on behalf of the management of such insurer from the holders of record of stock of such insurer in accordance with this chapter prior to any annual or other meeting, such insurer shall, in accordance with this chapter and such further rules and regulations as the Director may adopt, file with the Director and transmit to all stockholders 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 subsection 69O-143.030(4), F.A.C., to every stockholder 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 stock in unregistered or bearer form such statement need be transmitted only to those stockholders whose names and addresses are known to the insurer.

Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 628.152 FS.

New 3-18-65, Amended 1-22-68, Repromulgated 12-24-74, Formerly 4-17.03, 4-17.003, 4-143.028.

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