NAC693A.540. Interest of the contestant.  


Latest version.
  • The contestant shall include as part of his or her statement the following information:

         1. The amount of each class of securities of the insurer owned beneficially, directly or indirectly.

         2. The amount of each class of securities of the insurer owned of record but not beneficially.

         3. With respect to all securities of the insurer purchased or sold within the past 2 years, the dates on which they were purchased or sold and the amount purchased or sold on each such date.

         4. If any part of the purchase price or market value of any of the securities specified in subsection 3 is represented by money borrowed or otherwise obtained for the purpose of acquiring or holding such securities, a statement of the amount of the indebtedness as of the latest practicable date. If the money was borrowed or obtained otherwise than pursuant to a margin account or bank loan in the regular course of business of a bank, broker or dealer, a brief description of the transaction, and the names of the parties.

         5. Whether or not the contestant is a party to any contracts, arrangements or understandings with any person with respect to any securities of the insurer, including but not limited to joint ventures, loan or option arrangements, puts or calls, guarantees against losses or guarantees of profits, division of losses or profits, or the giving or withholding of proxies. If so, the names of persons with whom the contracts, arrangements of understandings exist and the details thereof.

         6. A statement of the amount of securities of the insurer owned beneficially, directly or indirectly, by each of the associates of the contestant and the name and address of each associate.

         7. A statement of the amount of each class of securities of any parent, subsidiary or affiliate of the insurer which the contestant owns beneficially, directly or indirectly.

     [Comm’r of Insurance, Schedule B item 3, eff. 5-13-72]