6.6.1309    PROXY STATEMENTS--STOCKS AND STOCKHOLDERS ENTITLED TO VOTE

(1) Each proxy statement shall state, as to each class of voting stock of the insurer entitled to be voted at the meeting, the number of shares outstanding and the number of votes to which each class is entitled.

(2) The proxy statement shall state the date as of which the record list of stockholders entitled to vote at the meeting will be determined. if the right to vote is not limited to stockholders of record on that date, the proxy statement shall indicate the conditions under which other stockholders may be entitled to vote.

(3) If action is to be taken with respect to the election of directors and if the persons solicited have cumulative voting rights, the proxy statement shall state that they have those rights and shall state briefly the conditions precedent to their exercise.

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