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§ 58-5A-1 |
Definitions |
§ 58-5A-2 |
“Domestic insurer” defined |
§ 58-5A-3 |
Acquisition of control of or merger with domestic insurer–Information statement required–Approval by director required–Violation as misdemeanor |
§ 58-5A-3.1 |
Divestiture of controlling interest in domestic insurer–Notice to director and insurer |
§ 58-5A-4 |
Contents of information statement–Violation as misdemeanor |
§ 58-5A-5 |
Information statement required of partners or members of syndicate or group–Violation as misdemeanor |
§ 58-5A-6 |
Information required of corporations, officers, directors and certain owners of voting securities–Violation as misdemeanor |
§ 58-5A-7 |
Amendment of information statement–Violation as misdemeanor |
§ 58-5A-8 |
Federal or state registration statements utilized in furnishing information |
§ 58-5A-9 |
Approval by director of acquisition or merger–Grounds for disapproval |
§ 58-5A-9.1 |
Disapproval of dividends or distributions for violation–Order of supervision |
§ 58-5A-10 |
Time of hearing–Notice |
§ 58-5A-10.1 |
Request for public hearing on consolidated basis |
§ 58-5A-11 |
Procedure at hearing–Evidence admissible |
§ 58-5A-11.1 |
Cost of hearing officer–Retention of various experts at acquiring person’s expense |
§ 58-5A-12 |
Time for director’s determination after hearing |
§ 58-5A-13 |
Statements and notices mailed to shareholders–Expenses of mailing–Security required |
§ 58-5A-15 |
Mergers and consolidations exempt from information and approval requirements |
§ 58-5A-16 |
Acquisitions exempt from information and approval requirements by order of director |
§ 58-5A-18 |
Acquisition, divestiture, or merger without approval as misdemeanor |
§ 58-5A-19 |
Jurisdiction of court in Hughes County–Director as attorney for service of process |
§ 58-5A-20 |
Registration of subsidiary insurer–Time for registration–Statement required of foreign insurer |
§ 58-5A-21 |
Form and contents of registration statement |
§ 58-5A-22 |
Initial and annual registration fees |
§ 58-5A-23 |
Disclosure of immaterial information not required |
§ 58-5A-24 |
Report of changes required of registered insurer |
§ 58-5A-25 |
Termination of registration |
§ 58-5A-26 |
Consolidated registration statement or report by affiliated insurers |
§ 58-5A-27 |
Registration by insurer on behalf of affiliated insurer |
§ 58-5A-28 |
Insurer exempt from registration requirements on order of director |
§ 58-5A-29 |
Disclaimer of affiliation–Contents–Procedure on disallowance |
§ 58-5A-29.1 |
Annual enterprise risk report |
§ 58-5A-30 |
Failure to file registration statement or enterprise risk report–Penalty–Waiver |
§ 58-5A-31 |
Registration requirements satisfied by duplicate copies of federal filings |
§ 58-5A-32 |
Standards for material transactions by registered insurers with affiliates–Nonconformity |
§ 58-5A-34 |
Adequacy of insurer’s surplus–Factors considered |
§ 58-5A-35 |
Notice to director of extraordinary distribution–Approval by director |
§ 58-5A-36 |
Application for approval of extraordinary distribution–Contents |
§ 58-5A-37 |
Examination of insurers and affiliates |
§ 58-5A-38 |
Grounds for director’s examination |
§ 58-5A-38.1 |
Production of records, books, and other information |
§ 58-5A-38.2 |
Examination of registered insurer’s affiliates to obtain information |
§ 58-5A-39 |
Personnel employed by department for conduct of examination |
§ 58-5A-40 |
Insurer to pay expense of examination |
§ 58-5A-41 |
Confidentiality of information in possession or control of Division–Use in regulatory or legal action–Grounds for publication by director |
§ 58-5A-41.1 |
Testimony in private civil action concerning confidential information prohibited |
§ 58-5A-41.2 |
Certain sharing of confidential information permitted |
§ 58-5A-41.3 |
Agreements regarding sharing of confidential information |
§ 58-5A-41.4 |
Information in possession or control of NAIC confidential |
§ 58-5A-41.5 |
Confidentiality not waived by disclosure of information |
§ 58-5A-43 |
Acquisition of subsidiaries–Limitations |
§ 58-5A-44 |
Disposition of investment in subsidiary upon cessation of control–Waiver |
§ 58-5A-45 |
Pre-acquisition notification–“Person” defined |
§ 58-5A-46 |
“Acquisition” and “Involved insurer” defined–Limited application |
§ 58-5A-48 |
Pre-acquisition notification–Contents–Waiting period |
§ 58-5A-49 |
Action by director when acquisition lessens competition–Promulgation of rules establishing competitive standards |
§ 58-5A-51 |
Plan for limiting anticompetitive impact of acquisition–Time limit |
§ 58-5A-52 |
Fine, suspension, or revocation for violation of cease and desist order |
§ 58-5A-53 |
Failure to comply with filing requirements–Fine |
§ 58-5A-54 |
Report of dividends and distributions to shareholders–Time limit |
§ 58-5A-55 |
Persons subject to registration to provide complete and accurate information to insurer |
§ 58-5A-56 |
Notification to director of certain transactions required |
§ 58-5A-57 |
Transactions entered into to avoid director’s review prohibited |
§ 58-5A-58 |
Considerations in decision to approve or disapprove transactions |
§ 58-5A-59 |
Notification to director of certain investments into one corporation |
§ 58-5A-60 |
Certain securities not to be voted at shareholder’s meeting–Application for injunction |
§ 58-5A-61 |
Petition to seize or sequester voting securities acquired in violation of chapter |
§ 58-5A-62 |
Violations by officers subject to fine–Determining amount of fine |
§ 58-5A-63 |
Transactions or contracts entered into without approval–Cease and desist order by director |
§ 58-5A-64 |
Criminal proceedings for violation committed knowingly–Fine |
§ 58-5A-65 |
False statements, reports, or filings as felony |
§ 58-5A-66 |
Order for conservation, liquidation, or rehabilitation–Distribution and recovery–Liability |
§ 58-5A-67 |
Suspension, revocation, or refusal to renew license for violation |
§ 58-5A-68 |
Stay of director’s action upon appeal to circuit court |
§ 58-5A-69 |
Order by director upon violation of standards–Cease and desist–Denial of license |
§ 58-5A-70 |
Promulgation of rules by director |
§ 58-5A-72 |
Ownership situs of voting securities |
§ 58-5A-73 |
Additional investments by domestic insurer |
§ 58-5A-74 |
Determining whether investments meet applicable requirements |
§ 58-5A-76 |
Application to insurer not a member of same holding company |
§ 58-5A-77 |
Dividends paid from earned surplus–Exclusions–Promulgation of rules for ordinary dividends |
§ 58-5A-78 |
Director’s participation in supervisory college to determine insurer compliance |
§ 58-5A-79 |
Expenses of director’s participation in supervisory college |
§ 58-5A-80 |
Director’s participation in supervisory college with other regulators |
§ 58-5A-80.1 |
Internationally active insurance group–Supervision |
§ 58-5A-80.2 |
International active insurance group–Group-wide supervisor determination |
§ 58-5A-80.3 |
Internationally active insurance group–Group-wide supervisor acknowledgment |
§ 58-5A-80.4 |
Group-wide supervisor–Information for determination |
§ 58-5A-80.5 |
Group-wide supervisor–Director supervision–Permitted activities |
§ 58-5A-80.6 |
Group-wide supervisor–Director cooperation |
§ 58-5A-80.7 |
Information sharing |
§ 58-5A-80.8 |
Promulgation of rules |
§ 58-5A-80.9 |
Reasonable expenses |
§ 58-5A-81 |
Maintenance of risk management framework |
§ 58-5A-82 |
Regular conduct of ORSA |
§ 58-5A-83 |
Submission of ORSA summary report or comparable reports to division |
§ 58-5A-84 |
ORSA summary report requirements |
§ 58-5A-85 |
Exemption from requirements |
§ 58-5A-86 |
Requirements where insurer or insurer’s group does not qualify for exemption |
§ 58-5A-87 |
Insurer’s application for waiver |
§ 58-5A-88 |
One year period to comply with requirements following loss of qualification for exemption |
§ 58-5A-89 |
Conditions under which director may require maintenance of risk management framework, conduct of ORSA, and filing of ORSA summary report |
§ 58-5A-90 |
Confidentiality of information submitted to division |
§ 58-5A-91 |
Powers and duties of director regarding ORSA |
§ 58-5A-92 |
Sharing of information and documents by director–Confidentiality |
§ 58-5A-93 |
Promulgation of rules regarding ORSA |