Section 760 IAC 1-15.1-13 - Disclaimers and termination of registrationAuthority: IC 27-1-3-7
Affected: IC 27-1-23-3
Sec. 13.
(a) A disclaimer of affiliation or a request for termination of registration claiming that a person does not, or will not upon the taking of some proposed action, control another person (hereinafter referred to as the "subject") shall contain the following information:(1) The number of authorized, issued, and outstanding voting securities of the subject.(2) With respect to the person whose control is denied and all affiliates of the person, the number and percentage of shares of the subject's voting securities that are held of record or known to be beneficially owned, and the number of shares concerning which there is a right to acquire, directly or indirectly.(3) All material relationships and bases for affiliation between the subject and the person whose control is denied and all affiliates of the person.(4) A statement explaining why the person should not be considered to control the subject.(b) A request for termination of registration shall be deemed to have been granted unless the commissioner, within thirty (30) days after receipt of the request, notifies the registrant otherwise.Department of Insurance; 760 IAC 1-15.1-13; filed Oct 18, 1994, 3:55 p.m.: 18 IR 528; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 531; readopted filed Nov 27, 2007, 4:01 p.m.: 20071226-IR-760070717RFA; readopted filed Nov 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFA; filed Dec 18, 2013, 11:11 a.m.: 20140115-IR-760130007FRAReadopted filed 11/19/2019, 9:18 a.m.: 20191218-IR-760190497RFA