Florida Regulations 69O-143.030: Information to Be Furnished to Stockholders
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(1) No solicitation subject to this chapter shall be made unless each person solicited is concurrently furnished or has previously been furnished with a written proxy statement containing the information specified in Fl. Admin. Code R. 69O-143.036
(2) If the solicitation is made on behalf of the management of the insurer and relates to an annual meeting of stockholders at which directors are to be elected, each proxy statement furnished pursuant to subsection (3), hereof, shall be accompanied or preceded by an annual report (in preliminary or final form) to such stockholders containing such financial statements for the last fiscal year as are referred to in Schedule SIS under the heading “”Financial Reporting to Stockholders.”” Subject to the foregoing requirements with respect to financial statements, the annual report to stockholders may be in any form deemed suitable by the management.
(3) Two copies of each report sent to the stockholders pursuant to this section shall be filed electronically with the Office at http://www.floir.com/iportal not later than the date on which such report is first sent or given to stockholders or the date on which preliminary copies of solicitation material are filed with the Office, pursuant to subsection (1), of Fl. Admin. Code R. 69O-143.032, of this rule, whichever date is later.
(4) If no solicitation is being made by management of the insurer with respect to any annual or other meeting, such insurer shall mail to every stockholder of record at least twenty days prior to the meeting date, an information statement as required in Fl. Admin. Code R. 69O-143.028, containing the information called for by subsections (2) and (5) through (15), of Fl. Admin. Code R. 69O-143.036, which would be applicable to any matter to be acted upon at the meeting if proxies were to be solicited in connection with the meeting. If such information statement relates to an annual meeting at which directors are to be elected, it shall be accompanied by an annual report to such stockholders in the form provided in subsection (2) of this rule.
Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 624.424, 628.152 FS. History-New 3-18-65, Amended 1-22-68, Repromulgated 12-24-74, Formerly 4-17.05, 4-17.005, 4-143.030, Amended 7-30-17.
Terms Used In Florida Regulations 69O-143.030
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(3) Two copies of each report sent to the stockholders pursuant to this section shall be filed electronically with the Office at http://www.floir.com/iportal not later than the date on which such report is first sent or given to stockholders or the date on which preliminary copies of solicitation material are filed with the Office, pursuant to subsection (1), of Fl. Admin. Code R. 69O-143.032, of this rule, whichever date is later.
(4) If no solicitation is being made by management of the insurer with respect to any annual or other meeting, such insurer shall mail to every stockholder of record at least twenty days prior to the meeting date, an information statement as required in Fl. Admin. Code R. 69O-143.028, containing the information called for by subsections (2) and (5) through (15), of Fl. Admin. Code R. 69O-143.036, which would be applicable to any matter to be acted upon at the meeting if proxies were to be solicited in connection with the meeting. If such information statement relates to an annual meeting at which directors are to be elected, it shall be accompanied by an annual report to such stockholders in the form provided in subsection (2) of this rule.
Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 624.424, 628.152 FS. History-New 3-18-65, Amended 1-22-68, Repromulgated 12-24-74, Formerly 4-17.05, 4-17.005, 4-143.030, Amended 7-30-17.