Section 031-180-17 - Disclaimers and Termination of Registration (Form A-1)A. A disclaimer of affiliation or a request for termination of registration claiming that a person (the "disclaiming person") does not, or will not upon the taking of some proposed action, control another person (the "subject") shall be submitted on Form A-1 and shall contain the following information: (1) The number of authorized, issued, and outstanding voting securities of the subject;(2) With respect to the disclaiming person and all affiliates of the disclaiming person, the number and percentage of shares of the subject's voting securities which are held of record or known to be beneficially owned, and the number of such shares concerning which there is a right to acquire, directly or indirectly;(3) Information as to all transactions in any voting securities of the subject that are currently planned or anticipated, or that occurred during the past twelve months, in which the disclaiming person or any affiliate of the disclaiming person was involved;(4) All material relationships and bases for affiliation between the subject and the disclaiming person and all affiliates of the disclaiming person;(5) A statement explaining why the disclaiming person should not be considered to control the subject; and(6) Such further information as is required by Form A-1.B. A disclaimer of affiliation or request for termination of registration shall be deemed to have been granted unless the Superintendent, within 30 days after receiving the request, notifies the person filing Form A-1 otherwise.C. Form A-1 may be filed by or on behalf of the disclaiming person, or may be filed by the subject or by an affiliate of the subject.D. At least 30 days before any person divests a controlling interest in a domestic insurer, or in a person directly or indirectly controlling a domestic insurer, the divesting person shall report the proposed divestiture to the Superintendent on Form A-1, unless the divestiture transaction consists of the transfer of the divesting person's interest to one or more acquiring persons, all of whom have reported their respective acquisitions on Form A pursuant to Section 10. A partial divestiture is subject to the reporting requirements of this subsection if the divesting person will lose either presumptive or actual control as the result of the partial divestiture.02-031 C.M.R. ch. 180, § 17