Nev. Admin. Code § 693A.220 - Solicitations: Filing of information
1. No solicitation
subject to NAC 693A.210 to 693A.250, inclusive, may be made by any person other
than the management of an insurer unless at least 5 business days prior
thereto, or a shorter period authorized by the Commissioner of Insurance upon a
showing of good cause, there has been filed with the Commissioner by or on
behalf of each participant in the solicitation, a statement in duplicate
containing the information specified by NAC 693A.520 to 693A.560, inclusive,
and a copy of any material proposed to be distributed to security holders in
furtherance of the solicitation. Where preliminary copies of any material are
filed, distribution to security holders must be deferred until the
Commissioner's comments have been received and complied with.
2. Within 5 business days after a
solicitation subject to this section is made by the management of an insurer,
or a longer period authorized by the Commissioner upon a showing of good cause,
there must be filed with the Commissioner by or on behalf of each participant
in the solicitation, other than the insurer, and by or on behalf of each person
nominated by the management to be a director, a statement in duplicate
containing the information required by NAC 693A.520 to 693A.560,
inclusive.
3. If any solicitation
on behalf of management or any other person has been made or if proxy material
is ready for distribution before a solicitation subject to NAC 693A.210 to
693A.250, inclusive, in opposition thereto, a statement in duplicate containing
the information specified in NAC 693A.520 to 693A.560, inclusive, must be filed
with the Commissioner by or on behalf of each participant other than the
insurer in the prior solicitation. The information must be filed as soon as
reasonably practicable after the commencement of the opposing
solicitation.
4. If, after the
filing of the statements required by subsections 1, 2 and 3 of this section,
additional persons become participants in a solicitation subject to this
section, there must be filed with the Commissioner by or on behalf of each such
person, a statement in duplicate containing the information specified by NAC
693A.520 to 693A.560, inclusive, within 3 business days after the person
becomes a participant, unless the Commissioner authorizes a later cutoff date
for filing upon a showing of good cause.
5. If any material change occurs in the facts
reported in any statement filed by or on behalf of any participant, an
appropriate amendment to the statement must be filed promptly with the
Commissioner.
6. Each statement and
amendment thereto filed pursuant to this section is part of the public files of
the Commissioner.
Notes
NRS 679B.130, 693A.100
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