Kentucky Statutes 304.26-030 – Beneficial owner, director, and officer required to file statements concerning equity securities with commissioner
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Every person who is directly or indirectly the beneficial owner of more than ten percent (10%) of any class of any equity security of a domestic stock insurer, or who is a director or an officer of such insurer, shall:
(1) File in the office of the commissioner within ten (10) days after he or she becomes such beneficial owner, director, or officer, a statement, in such form as the commissioner may prescribe, of the amount of all equity securities of such insurer of which he or she is the beneficial owner; and
(2) Within ten (10) days after the close of each calendar month thereafter, if there has been a change in such ownership during such month, file in the office of the commissioner a statement, in such form as the commissioner may prescribe, indicating his or her ownership at the close of the calendar month and such changes in his or her ownership as have occurred during such calendar month.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1368, effective July 15, 2010. — Created
1970 Ky. Acts ch. 301, subtit. 26, sec. 3, effective June 18, 1970.
(1) File in the office of the commissioner within ten (10) days after he or she becomes such beneficial owner, director, or officer, a statement, in such form as the commissioner may prescribe, of the amount of all equity securities of such insurer of which he or she is the beneficial owner; and
Terms Used In Kentucky Statutes 304.26-030
- Domestic: when applied to a corporation, partnership, business trust, or limited liability company, means all those incorporated or formed by authority of this state. See Kentucky Statutes 446.010
- equity security: when used in this subtitle means: (1) Any stock or similar security. See Kentucky Statutes 304.26-020
- Month: means calendar month. See Kentucky Statutes 446.010
- Owner: when applied to any animal, means any person having a property interest in such animal. See Kentucky Statutes 446.010
(2) Within ten (10) days after the close of each calendar month thereafter, if there has been a change in such ownership during such month, file in the office of the commissioner a statement, in such form as the commissioner may prescribe, indicating his or her ownership at the close of the calendar month and such changes in his or her ownership as have occurred during such calendar month.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1368, effective July 15, 2010. — Created
1970 Ky. Acts ch. 301, subtit. 26, sec. 3, effective June 18, 1970.