Louisiana Administrative Code
Title 37 - INSURANCE Part
Part XIII - Regulations
Chapter 71 - Regulation 24-Proxies, Consents and Authorizations of Domestic Stock Insurers
Section XIII-7117 - False or Misleading Statements
Current through Register Vol. 50, No. 9, September 20, 2024
A. No proxy statement, form of proxy, notice of meeting, information statement, or other communication, written or oral, subject to this regulation, shall contain any statement which at the time and in the light of the circumstances under which it is made, is false or misleading with respect to any material fact, or which omits to state any material fact necessary in order to make the statements therein not false or misleading or necessary to correct any statement in any earlier communication with respect to the same meeting or subject matter which has become false or misleading.
AUTHORITY NOTE: Promulgated in accordance with R.S. 22:1525 and 22:1533.
