Section R590-68-5 - Filing Statements(1) The following statements shall be used by an insurer when complying with this rule: (a) Form A, Initial Statement of Beneficial Ownership of Equity Securities; and(b) Form B, Statement of Changes in Beneficial Ownership of Securities.(3) An initial statement of beneficial ownership of an equity security under Section 31A-5-303 shall be filed on Form A.(4) A statement regarding a change in beneficial ownership of equity securities shall be filed on Form B. (a) A director or officer required to file a statement on Form B regarding a change in beneficial ownership of equity securities that occurs within six months after the director or officer became a director or officer of the insurer, or within six months after equity securities of the insurer are registered under Subsection 31A-5-303(1), shall include the information that caused the filing of the statement.(b) A person who ceased to be a director or officer of an insurer with equity securities registered under Subsection 31A-5-303(1) shall file a statement on Form B regarding: (i) a change in the person's beneficial ownership of equity securities of the insurer that occur on or after the date that the person ceased to be a director or officer; or(ii) the date that the insurer ceased to have an equity security registered, if the change occurs within six months after any change in the beneficial ownership of the securities before that date.(c) The statement on Form B shall be filed within 10 days after the end of the month in which the reported change in beneficial ownership occurs.Utah Admin. Code R590-68-5
Adopted by Utah State Bulletin Number 2023-12, effective 6/9/2023