20-481.13. Material changes; amended statement; time; reporting of dividends

A. Each registered insurer shall keep current the information required to be disclosed in its registration statement by reporting all material changes or additions on amendment forms provided by the director within fifteen days after the end of each calendar year in which it learns of each such change or addition.

B. Subject to the provisions of section 20-481.19, each registered insurer shall report to the director all dividends and other distributions to shareholders within fifteen business days following the declaration.

C. The director may adopt rules which provide for an extension of the reporting times prescribed in subsections A and B of this section.

20-481.13. Material changes; amended statement; time; reporting of dividends

A. Each registered insurer shall keep current the information required to be disclosed in its registration statement by reporting all material changes or additions on amendment forms provided by the director within fifteen days after the end of each calendar year in which it learns of each such change or addition.

B. Subject to the provisions of section 20-481.19, each registered insurer shall report to the director all dividends and other distributions to shareholders within fifteen business days following the declaration.

C. The director may adopt rules which provide for an extension of the reporting times prescribed in subsections A and B of this section.