Haw. Code R. § 16-1-12 - Filing of information required by "schedule B."
(a) No
solicitation subject to this chapter shall be made by any person other than the
management of an insurer unless at least five business days prior thereto, or
shorter period as the insurance commissioner may authorize upon a showing of
good cause therefor, has been filed, with the insurance commissioner, by or on
behalf of each participant in the solicitation, a statement in duplicate
containing the information specified in the exhibit entitled "Schedule B" at
the end of this chapter and a copy of any material proposed to be distributed
to stockholders in furtherance of the solicitation. Where preliminary copies of
any materials are filed, distribution to stockholders should be deferred until
the insurance commissioner's comments have been received and complied
with.
(b) Within five business days
after a solicitation subject to this chapter is made by the management of an
insurer, or longer period as the insurance commissioner may authorize upon a
showing of good cause therefor, there shall be filed with the insurance
commissioner by or on behalf of each participant in the solicitation, other
than the insurer and by or on behalf of each management nominee or director, a
statement in duplicate containing the information specified by the exhibit
entitled "Schedule B" at the end of this chapter.
(c) If any solicitation on behalf of the
management or any other person has been made, or if proxy material is ready for
distribution, prior to a solicitation subject to this chapter in opposition
thereto, a statement in duplicate containing the information specified in the
exhibit entitled "Schedule B" at the end of this chapter shall be filed with
the insurance commissioner, by or on behalf of each participant in the prior
solicitation, other than the insurer, as soon as reasonably practicable after
the commencement of the solicitation in opposition thereto.
(d) If, subsequent to the filing of the
statements required by subsections (a), (b), and (c), additional persons become
participants in a solicitation subject to this chapter, there shall be filed
with the insurance commissioner, by or on behalf of each person, a statement in
duplicate containing the information specified in exhibit entitled "Schedule B"
at the end of this chapter, within three business days after the person becomes
a participant, or longer period as the insurance commissioner may authorize
upon a showing of good cause therefor.
(e) If any material change occurs in the
facts reported in any statement filed by or on behalf of any participant, an
appropriate amendment to the statement shall be filed promptly with the
insurance commissioner.
(f) Each
statement and amendment thereto filed pursuant to this section shall be part of
the public files of the insurance commissioner.
Notes
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