Section 7.05 - Acquisition of Control Statement (Form A)(1)Statement Filing. A person required to file a statement pursuant to M.G.L. c. 175, § 206B shall furnish the information required by Form A, hereby made a part of 211 CMR 7.00.(2)Amendments. The applicant shall, within two business days of any material change in the information furnished on Form A arising subsequent to the date upon which the information was furnished but prior to the Commissioner's disposition of the application, advise the Commissioner of such change.(3)Acquisition of Persons Controlling a Domestic Insurer. (a) If the person being acquired is deemed to be a person controlling a domestic insurer solely because of the provisions of M.G.L. c. 175, § 206B, the name of the domestic insurer on the cover page of Form A should be indicated as follows: __________________________________________________________________________________________________________________________________________________________________________________________________________________,
(Insert name of ins. co.)
a subsidiary of__________________________________________________________
(Insert name of corp.)
(b) Where a M.G.L. c. 175, § 206B(a)(1) insurer is being acquired, references to "the insurer" contained in Form A shall refer to both the domestic subsidiary insurer and the person being acquired.Amended, Mass Register Issue 1258, eff. 4/11/2014.Amended by Mass Register Issue 1514, eff. 2/2/2024.