Missouri Code of State Regulations
Title 15 - ELECTED OFFICIALS
Division 30 - Secretary of State
Chapter 57 - Take-Over Bid Disclosure: Disclosure Filings
Section 15 CSR 30-57.020 - Precondition to Making Bid
Universal Citation: 15 MO Code of State Regs 30-57.020
Current through Register Vol. 49, No. 6, March 15, 2024
PURPOSE: This rule sets out hearing conditions to be met after disclosure is made, before making the bid to offerees.
(1) Before making the take-over bid and after the disclosure statement, 15 CSR 30-57.060, has been filed, one (1) of the following conditions must be met:
(A) No hearing shall
have been ordered by the commissioner within fifteen (15) days following the
filing; and
(B) The commissioner
shall have determined in a hearing that the offeror proposes to make full, fair
and adequate disclosure to offerees of all information material to a decision
to accept or reject an offer.
*Original authority: 409.413, RSMo 1967.
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