(1) The issuer shall mail or otherwise furnish to a security holder, as promptly as practicable after the receipt of the request:
- (a) a statement of the approximate number of record owners and, to the extent known to the issuer, the approximate number of beneficial owners of any class of securities, any of whom have been or are to be solicited on behalf of the management, or any group of whom the security holder shall designate; and
- (b) an estimate of the cost of mailing a specified proxy statement, proxy form, or other communication to the owners.
(2)(a) Copies of a proxy statement, a proxy form, or other communication furnished by the security holder shall be provided by the issuer to all security holders specified in Subsection (1)(a) as the security holder shall designate.
- (b) The issuer is not required to mail or otherwise provide any material before the first day the solicitation is made on behalf of the issuer.
- (c) The issuer is not responsible for the proxy statement, the proxy form, or other communication.
- (d) The issuer may furnish promptly to a security holder a reasonably current list of the names and addresses of the record owners and the beneficial owners the security holder designates.
KEY: insurance law
Date of Last Change: June 9, 2023
Notice of Continuation: August 9, 2024
Authorizing, and Implemented or Interpreted Law: 31A-2-201