Mo. Code Regs. Ann. tit. 15, § 30-57.020
Precondition to Making Bid
Effective Feb 11, 1979section 409.413, RSMo 1986.* Emergency rule filed Aug. 11, 1978, effective Aug. 23, 1978, expired Dec. 21, 1978. Original rule filed Aug. 11, 1978, effective Feb. 11, 1979. *Original authority: 409.413, RSMo 1967Secretary of State
PURPOSE: This rule sets out hearing conditions to be met after disclosure is made, before making the bid to offerees.
(1) Before making the take-over bid and after the disclosure statement, 15 CSR 30-57.060, has been filed, one (1) of the following conditions must be met:
- (A) No hearing shall have been ordered by the commissioner within fifteen (15) days following the filing; and
- (B) The commissioner shall have determined in a hearing that the offeror proposes to make full, fair and adequate disclosure to offerees of all information material to a decision to accept or reject an offer.
AUTHORITY: section 409.413, RSMo 1986.* Emergency rule filed Aug. 11, 1978, effective Aug. 23, 1978, expired Dec. 21, 1978. Original rule filed Aug. 11, 1978, effective Feb. 11, 1979. *Original authority: 409.413, RSMo 1967.