1996 Alaska Statutes
TITLE 21 INSURANCE
Chapter 21.40. INSIDER TRADING OF DOMESTIC STOCK INSURANCE COMPANY EQUITY SECURITIES
Sec. 21.40.060. Exemption of registered or closely held equity securities.
AS 21.40.010 - 21.40.030 do not apply to equity securities of a domestic stock insurance company if
(1) the securities are registered, or are required to be registered, under 15 U.S.C. 78l (sec. 12, Securities Exchange Act of 1934), as amended; or
(2) the domestic stock insurance company does not have a class of its equity securities held of record by 100 or more persons on the last business day of the year preceding the year in which equity securities of the company would be subject to AS 21.40.010 - 21.40.030 except for the provisions of this section.
Disclaimer: These codes may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
