Title 31A Chapter 5 Section 413

Insurance Code
Domestic Stock and Mutual Insurance Corporations
Section 413
Interlocking directorates and other relationships.

            

31A-5-413.   Interlocking directorates and other relationships.

            Any person who is simultaneously an officer or director of more than one insurer shall, upon the commissioner's request, disclose all conflicts of interest arising from holding those positions simultaneously. This disclosure shall be given to the directors of the insurers and to the commissioner within 15 working days after receipt of the commissioner's request.


Amended by Chapter 204, 1986 General Session