Haw. Code R. § 16-1-5 - Information to be furnished to stockholders
(a) No solicitation
subject to this chapter shall be made unless the person solicited is
concurrently furnished or has previously been furnished with a written proxy
statement containing the information in the exhibit entitled "Schedule A" at
the end of this chapter.
(b) If the
solicitation is made on behalf of the management of the insurer and relates to
an annual meeting of stockholders at which directors are to be elected, each
proxy statement furnished pursuant to subsection (a) shall be accompanied or
preceded by an annual report (in preliminary or final form) to the stockholders
containing the financial statements for the last fiscal year as are included in
the exhibit entitled "Stockholders Information Supplement-Financial Reporting
to Stockholder" located at the end of this chapter and which is made a part of
this chapter. Subject to the foregoing requirements with respect to financial
statements, the annual report to stockholders may be in any form deemed
suitable by the management.
(c) Two
copies of each report sent to the stockholders pursuant to this chapter shall
be mailed to the insurance commissioner, not later than the date on which the
report is first sent or given to stockholders or the date on which preliminary
copies of solicitation are filed with the insurance commissioner, pursuant to
section
16-1-7(a),
whichever date is later.
Notes
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