Wyoming Administrative Code
Agency 044 - Insurance Dept
Sub-Agency 0002 - General Agency, Board or Commission Rules
Chapter 6 - RULES
Section 6-4 - Definitions
Universal Citation: WY Code of Rules 6-4
Current through September 21, 2024
(a) The definitions and instructions set out in Schedule SIS, as promulgated by the National Association of Insurance Commissioners, shall be applicable for purposes of this regulation.
(b) The terms "solicit" and "solicitation" for purposes of this regulation shall include:
(i) any request for a proxy, whether or not
accompanied by or included in a form of proxy; or
(ii) any request to execute or not to
execute, or to revoke, a proxy; or
(iii) the furnishing of a proxy or other
communication to stockholders under circumstances reasonably calculated to
result in the procurement, withholding or revocation of a proxy.
(c) The terms "solicit" and "solicitation" shall not include:
(i) any
solicitation by a person in respect of stock of which he is the beneficial
owner;
(ii) action by a broker or
other person in respect to stock carried in his name or in the name of his
nominee in forwarding to the beneficial owner of such stock soliciting material
received from the company, or impartially instructing such beneficial owner to
forward a proxy to the person, if any, to whom the beneficial owner desires to
give a proxy, or impartially requesting instructions from the beneficial owner
with respect to the authority to be conferred by the proxy and stating that a
proxy will be given if the instructions are received by a certain
date;
(iii) the furnishing of a
form of proxy to a stockholder upon the unsolicited request of such
stockholder, or the performance by any person of ministerial acts on behalf of
a person soliciting a proxy.
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