Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 760. DEPARTMENT OF INSURANCE |
Article 760IAC1. GENERAL PROVISIONS |
Rule 760IAC1-12. Domestic Stock Insurance Companies-Insider Trading of Equity Securities |
Section 760IAC1-12-1. Authority to promulgate rule; purpose of rule
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Authority and Purpose. This regulation [760 IAC 1-12] is promulgated pursuant to the authority vested in the Indiana Insurance Commissioner by Section 8 [IC 27-2-10-8] of the Acts of 1965, Chapter 5 entitled "An Act Concerning Securities of Indiana Companies," (Section 39-3734, Burns Indiana Statutes Annotated) and in Section 14 [IC 27-1-3-7] of the Acts of 1935, Chapter 162 (Section 39-3311 [IC 27-1-3-7], Burns Indiana Statutes Annotated). This regulation [760 IAC 1-12] concerns the definition of "Equity Securities" and the requirements for filing information regarding the holding and transfer of such securities by officers, directors and certain other stockholders as defined in the Act [IC 27-2-10] of 1965. (Department of Insurance; Reg 12,I; filed Jun 7, 1966, 9:00 am: Rules and Regs. 1967, p. 100; filed Jan 6, 1970, 8:40 am: Rules and Regs. 1971, p. 167; 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)