1. (a) Reports by persons first becoming a ten percent (10%) beneficial owner of any class of any equity security of a domestic stock insurer or becoming an officer or director of such an insurer, shall be filed with this office, within the time specified and as required by Acts 1965, No. 107, § 1, upon attached "Form A".
2. (b) Reports by any such officer, director, or beneficial owner required to be filed with this office after the close of any calendar month in which there has been a change in his or her ownership, as further specified and provided for by Acts 1965, No. 107, § 1, shall be filed upon attached "Form B".

3. (c) For purposes of initiating compliance with the provisions of Acts 1965, No. 107, all persons required by said act to file initial statements of ownership, Form A, shall:

   1. (1) File said statements within twenty (20) days of this date as of their ownership on July 1, 1965, or as of such later date as they would have been first required by said act to file an initial statement of ownership; and
   2. (2) File a statement of change of ownership, Form B, for any calendar month thereafter in which there was a change in their ownership.

Codification Notes: This section as promulgated prior to codification into the Code of Arkansas Rules provided as follows: "D. These regulations shall be effective on and after January 1, 1966."