6.6.3713    DISCLAIMERS AND TERMINATION OF REGISTRATION

(1) A disclaimer of affiliation or a request for termination of registration claiming that a person does not, or will not upon the taking of some proposed action, control another person (hereinafter referred to as the "subject") must contain the following information:

(a) the number of authorized, issued, and outstanding voting securities of the subject;

(b) with respect to the person whose control is denied, and all affiliates of such person, the number and percentage of shares of the subject's voting securities which are held of record, or known to be beneficially owned, and the number of such shares concerning which there is a right to acquire, directly or indirectly;

(c) all material relationships and bases for affiliation between the subject and the person whose control is denied and all affiliates of such person; and

(d) a statement explaining why the person should not be considered to control the subject.

(2) A request for termination of registration shall be deemed granted unless the commissioner, within 30 days after (s)he receives the request, notifies the registrant otherwise.

History: 33-1-313, 33-2-1517, MCA; IMP, 33-2-1111, 33-2-1112, 33-2-1517, MCA; NEW, 1993 MAR p. 2408, Eff. 10/15/93; AMD, 2014 MAR p. 501, Eff. 3/14/14.