48.46.615 - Report of a material acquisition or disposition of assets -- Information required.

Report of a material acquisition or disposition of assets — Information required.

The following information is required to be disclosed in any report of a material acquisition or disposition of assets:

     (1) Date of the transaction;

     (2) Manner of acquisition or disposition;

     (3) Description of the assets involved;

     (4) Nature and amount of the consideration given or received;

     (5) Purpose of or reason for the transaction;

     (6) Manner by which the amount of consideration was determined;

     (7) Gain or loss recognized or realized as a result of the transaction; and

     (8) Names of the persons from whom the assets were acquired or to whom they were disposed.

[1995 c 86 § 22.]