§ 27-1-29 - Reports of directors, officers, and principal shareholders.
SECTION 27-1-29
§ 27-1-29 Reports of directors, officers,and principal shareholders. – Every person who is directly or indirectly the beneficial owner of more thanten percent (10%) of any class of any equity security of a domestic stockinsurance company, or who is a director or an officer of a domestic stockinsurance company, shall file in the office of the commissioner within ten (10)days after he or she becomes the beneficial owner, director, or officer, astatement, in a form as the commissioner may prescribe, of the amount of allequity securities of the company of which he or she is the beneficial owner.Within ten (10) days after the close of each calendar month, if there has beena change in ownership during the month, he or she shall file in the office ofthe commissioner a statement, in a form as the commissioner may prescribe,indicating his or her ownership at the close of the calendar month and anychanges in his or her ownership as have occurred during the calendar month.