INSURANCE HOLDING COMPANIES
58-5A-1 Definition of terms.
58-5A-2 "Domestic insurer" defined.
58-5A-3 Acquisition of control of or merger with domestic insurer--Information statement required--Approval by director required--Violation as misdemeanor.
58-5A-3.1 Divestiture of controlling interest in domestic insurer--Notice to director and insurer.
58-5A-4 Contents of information statement--Violation as misdemeanor.
58-5A-5 Information statement required of partners or members of syndicate or group--Violation as misdemeanor.
58-5A-6 Information required of corporations, officers, directors and certain owners of voting securities--Violation as misdemeanor.
58-5A-7 Amendment of information statement--Violation as misdemeanor.
58-5A-8 Federal or state registration statements utilized in furnishing information.
58-5A-9 Approval by director of acquisition or merger--Grounds for disapproval.
58-5A-9.1 Disapproval of dividends or distributions for violation--Order of supervision.
58-5A-10 Time of hearing--Notice.
58-5A-10.1 Request for public hearing on consolidated basis.
58-5A-11 Procedure at hearing--Evidence admissible.
58-5A-11.1 Cost of hearing officer--Retention of various experts at acquiring person's expense.
58-5A-12 Time for director's determination after hearing.
58-5A-13 Statements and notices mailed to shareholders--Expenses of mailing--Security required.
58-5A-15 Mergers and consolidations exempt from information and approval requirements.
58-5A-16 Acquisitions exempt from information and approval requirements by order of director.
58-5A-18 Acquisition, divestiture, or merger without approval as misdemeanor.
58-5A-19 Jurisdiction of court in Hughes County--Director as attorney for service of process.
58-5A-20 Registration of subsidiary insurer--Time for registration--Statement required of foreign insurer.
58-5A-21 Form and contents of registration statement.
58-5A-22 Initial and annual registration fees.
58-5A-23 Disclosure of immaterial information not required.
58-5A-24 Report of changes required of registered insurer.
58-5A-25 Termination of registration.
58-5A-26 Consolidated registration statement or report by affiliated insurers.
58-5A-27 Registration by insurer on behalf of affiliated insurer.
58-5A-28 Insurer exempt from registration requirements on order of director.
58-5A-29 Disclaimer of affiliation--Contents--Procedure on disallowance.
58-5A-29.1 Annual enterprise risk report.
58-5A-30 Failure to file registration statement or enterprise risk report--Penalty--Waiver.
58-5A-31 Registration requirements satisfied by duplicate copies of federal filings.
58-5A-32 Standards for material transactions by registered insurers with affiliates--Nonconformity.
58-5A-34 Adequacy of insurer's surplus--Factors considered.
58-5A-35 Notice to director of extraordinary distribution--Approval by director.
Application for approval of extraordinary distribution--Contents. 58-5A-37
Examination of insurers and affiliates. 58-5A-38
Grounds for director's examination. 58-5A-38.1
Production of records, books, and other information. 58-5A-38.2
Examination of registered insurer's affiliates to obtain information. 58-5A-39
Personnel employed by department for conduct of examination. 58-5A-40
Insurer to pay expense of examination. 58-5A-41
Confidentiality of information in possession or control of Division--Use in regulatory or legal action--Grounds for publication by director. 58-5A-41.1
Testimony in private civil action concerning confidential information prohibited. 58-5A-41.2
Certain sharing of confidential information permitted. 58-5A-41.3
Agreements regarding sharing of confidential information. 58-5A-41.4
Information in possession or control of NAIC confidential. 58-5A-41.5
Confidentiality not waived by disclosure of information. 58-5A-42
Acquisition of subsidiaries--Limitations. 58-5A-44
Disposition of investment in subsidiary upon cessation of control--Waiver. 58-5A-45
Pre-acquisition notification--"Person" defined. 58-5A-46
"Acquisition" and "Involved insurer" defined--Limited application. 58-5A-47
Application of §§ 58-5A-46 to 58-5A-53--Exceptions. 58-5A-48
Pre-acquisition notification--Contents--Waiting period. 58-5A-49
Action by director when acquisition lessens competition--Promulgation of rules establishing competitive standards. 58-5A-50
Acquisitions subject to order under § 58-5A-69. 58-5A-51
Plan for limiting anticompetitive impact of acquisition--Time limit. 58-5A-52
Fine, suspension, or revocation for violation of cease and desist order. 58-5A-53
Failure to comply with filing requirements--Fine. 58-5A-54
Report of dividends and distributions to shareholders--Time limit. 58-5A-55
Persons subject to registration to provide complete and accurate information to insurer. 58-5A-56
Notification to director of certain transactions required. 58-5A-57
Transactions entered into to avoid director's review prohibited. 58-5A-58
Considerations in decision to approve or disapprove transactions. 58-5A-59
Notification to director of certain investments into one corporation. 58-5A-60
Certain securities not to be voted at shareholder's meeting--Application for injunction. 58-5A-61
Petition to seize or sequester voting securities acquired in violation of chapter. 58-5A-62
Violations by officers subject to fine--Determining amount of fine. 58-5A-63
Transactions or contracts entered into without approval--Cease and desist order by director. 58-5A-64
Criminal proceedings for violation committed knowingly--Fine. 58-5A-65
False statements, reports, or filings as felony. 58-5A-66
Order for conservation, liquidation, or rehabilitation--Distribution and recovery--Liability. 58-5A-67
Suspension, revocation, or refusal to renew license for violation. 58-5A-68
Stay of director's action upon appeal to circuit court. 58-5A-69
Order by director upon violation of standards--Cease and desist--Denial of license. 58-5A-70
Promulgation of rules by director. 58-5A-71
Application of §§ 58-5A-60 and 58-5A-61. 58-5A-72
Ownership situs of voting securities.
Additional investments by domestic insurer. 58-5A-74
Determining whether investments meet applicable requirements. 58-5A-75
Investments subject to chapter 58-27. 58-5A-76
Application to insurer not a member of same holding company. 58-5A-77
Dividends paid from earned surplus--Exclusions--Promulgation of rules for ordinary dividends.58-5A-78
Director's participation in supervisory college to determine insurer compliance. 58-5A-79
Expenses of director's participation in supervisory college .58-5A-80
Director's participation in supervisory college with other regulators.58-5A-81
Maintenance of risk management framework.58-5A-82
Regular conduct of ORSA.58-5A-83
Submission of ORSA summary report or comparable reports to division.58-5A-84
ORSA summary report requirements.58-5A-85
Exemption from requirements.58-5A-86
Requirements where insurer or insurer's group does not qualify for exemption.58-5A-87
Insurer's application for waiver.58-5A-88
One year period to comply with requirements following loss of qualification for exemption.58-5A-89
Conditions under which director may require maintenance of risk management framework, conduct of ORSA, and filing of ORSA summary report.58-5A-90
Confidentiality of information submitted to division.58-5A-91
Powers and duties of director regarding ORSA.58-5A-92
Sharing of information and documents by director--Confidentiality.58-5A-93
Promulgation of rules regarding ORSA.