56-3-702 - Equity securities of domestic stock insurance companies Statements of beneficial owners, directors and officers. - Tennessee Statutes

56-3-702. Equity securities of domestic stock insurance companies Statements of beneficial owners, directors and officers.

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 insurance company, or who is a director or an officer of the company, shall file in the office of the commissioner within ten (10) days after the person becomes the beneficial owner, director, or officer, a statement, in the form the commissioner prescribes, of the amount of all equity securities of the company of which the person is the beneficial owner, and within ten (10) days after the close of each calendar month thereafter, if there has been a change in ownership during that month, shall file in the office of the commissioner a statement, in the form the commissioner prescribes, indicating the ownership at the close of the calendar month and the changes in ownership that have occurred during that calendar month.

[Acts 1965, ch. 95, § 1; T.C.A., §§ 56-250, 56-332.]