§ 4302 — Officers and stockholders; disclosure

Every person who is directly or indirectly the beneficial owner of more than ten percent of any class of any equity security of a domestic stock insurance company, or who is a director or an officer thereof, shall file in the office of the Commissioner of Financial Regulation on or before the first day of July, 1965, or within 10 days after the person becomes the beneficial owner, director, or officer, a statement in such form as the Commissioner may prescribe, of the amount of all equity securities of the company of which the person is the beneficial owner, and within 10 days after the close of each calendar month thereafter, if there has been a change in his or her ownership during the month, shall file in the office of the Commissioner a statement, in such form as the Commissioner may prescribe, indicating his or her ownership at the close of the calendar month and such changes in his or her ownership as have occurred during the calendar month. (Added 1965, No. 88, § 1; amended 1989, No. 225 (Adj. Sess.), § 25(b); 1995, No. 180 (Adj. Sess.), § 38(a).)