§ 26-25-103 — Statement of ownership of equity securities; when filing required

(a) Any person who is the beneficial owner of more than
ten percent (10%) of any class of any equity security of a
domestic stock insurer, or who is a director or an officer of
that insurer, shall:
(i) File with the commissioner within ten (10) days
after he becomes the beneficial owner, director or officer, a
statement, in a form the commissioner prescribes, of the amount
of all the insurer's equity securities of which he is the
beneficial owner; and
(ii) Within ten (10) days after the close of each
calendar month following the initial filing, if there is a
change in ownership during that month, file with the
commissioner a statement, in a form the commissioner prescribes,
indicating his ownership at the close of the calendar month and
any changes in his ownership that have occurred during that
calendar month.