Idaho Administrative Code
Title IDAPA 18 - Insurance, Department of
Rule 18.07.01 - RULES FOR ACQUIRING CONTROL, INSURANCE HOLDING COMPANY SYSTEMS, AND MUTUAL INSURANCE HOLDING COMPANIES
Section 18.07.01.024 - DISCLAIMERS AND TERMINATION OF REGISTRATION
Universal Citation: ID Admin Code 18.07.01.024
Current through August 31, 2023
01. Information Requisite. A disclaimer of affiliation or a request for termination of registration, on the basis that a person does not, or will not, upon the taking of some proposed action, control another person (the "subject"), will state: (4-6-23)
a. The number
of the subject's authorized, issued and outstanding voting securities;
(4-6-23)
b. For the person whose
control is denied and all the person's affiliates, the number and percentage of
shares of the subject's voting securities that are held of record or known to
be beneficially owned, and the number of shares for which there is a direct or
indirect right to acquire; (4-6-23)
c. All material relationships and bases for
affiliation between the subject and the person whose control is denied and all
their affiliates: (4-6-23)
d. Why
such person should not be considered to control the subject.
(4-6-23)
02. Request Deemed Granted. A request to terminate registration is deemed granted unless the Director notifies the filer otherwise within thirty (30) days after the request is received. (4-6-23)
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