694A.020 - Beneficial owner, director or officer required to file statements concerning equity securities with Commissioner. - Nevada Statutes

694A.020  Beneficial owner, director or officer required to file statements concerning equity securities with Commissioner.  Every person who is directly or indirectly the beneficial owner of more than 10 percent 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 10 days after the person 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 the person is the beneficial owner; and

      2.  Within 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 the person’s ownership at the close of the calendar month and such changes in the person’s ownership as have occurred during such calendar month.

      (Added to NRS by 1971, 1824)