The following information on the ultimate controlling person in the insurance holding company system must be filed with Form B:

1. (1) If the ultimate controlling person is a corporation, an organization, a limited liability company, or other legal entity, furnish the following information for the directors and executive officers of the ultimate controlling person: the person's name and address, the person's principal occupation and all offices and positions held during the past five years, and any conviction of a crime other than a minor traffic violation. If the ultimate controlling person is an individual, furnish the individual's name and address, the individual's principal occupation and all offices and positions held during the past five years, and any conviction of a crime other than a minor traffic violation;

2. (2) For the ultimate controlling person in the holding company system, the following information must be furnished:

   1. (a) The name, home office address, and principal executive office address;
   2. (b) The organizational structure of the person, such as corporation, partnership, individual, trust, or other legal entity;
   3. (c) The principal business of the person;
   4. (d) The name and address of any person who holds or owns 10 percent or more of any class of voting security, the class of the security, the number of shares held of record or known to be beneficially owned, and the percentage of the class so held or owned; and
   5. (e) If court proceedings involving a reorganization or liquidation are pending, the title and location of the court, the nature of the proceedings, and the date the proceeding began.

Source: 20 SDR 36, effective September 19, 1993; 42 SDR 83, effective December 3, 2015.

General Authority: SDCL 58-5A-70.

Law Implemented: SDCL 58-5A-21 , 58-5A-70.

Prior versions effective: 1993-09-19.