6.6.1317    PROXY STATEMENTS--RESTATEMENT OF ASSETS AND ACCOUNTS

If action is to be taken with respect to the restate-

ment of any asset, capital, or surplus of the insurer, the proxy statement shall furnish the following information:

(1) The nature of the restatement and the date as of which it is to be effective;

(2) A brief outline of the reasons for the restatement and for the selection of the particular effective date;

(3) The name and amount of each account affected by the restatement and the effect of the restatement on each affected account.

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