40-272. Same; proxies, consents or authorization concerning securities of domestic companies. The commissioner of insurance shall have specific authority to prescribe rules and regulations regarding proxies, consents or authorizations in respect of securities issued by domestic insurance companies and such rules and regulations shall conform to those prescribed by the national association of insurance commissioners.
History: L. 1965, ch. 313, ยง 1; June 30.
CASE ANNOTATIONS
1. Proxy material approved by commissioner; mandamus relief to obtain stockholders' addresses for mailing upheld; limited purpose. Lincoln American Corp. v. Victory Life Insurance Co., 375 F. Supp. 112, 113, 114, 117, 120.