NAC681B.310. Information required to be disclosed in report of material acquisition or disposition of assets.

The following information must be disclosed in a report of a material acquisition or disposition of assets:

     1. The date of the close of the transaction;

     2. The manner of acquisition or disposition;

     3. A description of the assets involved;

     4. The nature and amount of the consideration given or received;

     5. The purpose of, or reason for, the transaction;

     6. The manner by which the amount of consideration was determined;

     7. Any gain or loss recognized or realized as a result of the transaction; and

     8. The name of any person from whom the assets were acquired or to whom the assets were disposed of.

     (Added to NAC by Comm’r of Insurance, eff. 6-28-96)