NAC693A.230. Solicitations before furnishing of proxy statements: Conditions.

A solicitation subject to NAC 693A.210 to 693A.250, inclusive, may be made before furnishing security holders a written proxy statement containing the information specified in NAC 693A.310 to 693A.460, inclusive, concerning the solicitation if:

     1. The statements required by NAC 693A.220 are filed by or on behalf of each participant in the solicitation;

     2. No form of proxy is furnished to security holders before the written proxy statement required by subsection 1 of NAC 693A.150 is furnished. This subsection does not apply if a proxy statement then meeting the requirements of NAC 693A.310 to 693A.460, inclusive, has been furnished to security holders;

     3. The information required for the statements required by subsections 2 and 3 of NAC 693A.220 to be filed by each participant, or an appropriate summary thereof, are included in each communication sent or given to security holders in connection with the solicitation; and

     4. A written proxy statement containing the information specified in NAC 693A.310 to 693A.460, inclusive, with respect to a solicitation is sent or given to security holders as soon as possible.

     [Comm’r of Insurance, M-4 § 10 subsec. 4, eff. 5-13-72]