- (a) Notwithstanding the provisions of 23 CAR § 1-105(b) and 1-105(c), two (2) copies of any portion of the report referred to in 23 CAR § 1-105(b) which comments upon or refers to any solicitation subject to this subpart, or to any participant in any such solicitation, other than the solicitation by the management, shall be filed with the Insurance Commissioner as proxy material subject to this rule.
- (b) Such portion of the report shall be filed with the commissioner in preliminary form at least five (5) business days prior to the date copies of the report are first sent or given to stockholders.