31A-5-413 - Interlocking directorates and other relationships.
31A-5-413. Interlocking directorates and other relationships.
Any person who is simultaneously an officer or director of more than one insurer shall,upon the commissioner's request, disclose all conflicts of interest arising from holding thosepositions simultaneously. This disclosure shall be given to the directors of the insurers and to thecommissioner within 15 working days after receipt of the commissioner's request.
Amended by Chapter 204, 1986 General Session