(1) Unless proxies, consents, or authorizations, in respect to stock of a domestic insurer subject to this sub-chapter, are solicited by or on behalf of the management of the insurer from the holders of record of the stock of the insurer, in accordance with the provisions of this sub-chapter and prior to any annual or other meeting, the insurer shall, in accordance with this sub-chapter, file with the Commissioner of Insurance and transmit to all stockholders of record information substantially equivalent to the information which would be required to be transmitted if a solicitation were made.

History: Sec. 33-3-447 MCA; IMP, Sec. 33-3-447 MCA; EMERG, NEW, Eff. 5/5/75.