Rule 3901-2-11 | Prohibition of certain solicitations.
(A) Purpose
The purpose of this rule is to prohibit any person from soliciting an undated or postdated proxy statement that is subject to Chapter 3901-2 of the Administrative Code.
(B) Authority
This rule is promulgated pursuant to the authority vested in the superintendent under sections 3901.041 and 3901.31 of the Revised Code.
(C)
No person making a solicitation that is subject to this chapter may solicit any undated or postdated proxy or any proxy which provides that it is deemed to be dated as of any date subsequent to the date on which it is signed by the security holder.
(D) Severability
If any portion of this rule or the application thereof to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of the rule or related rules which can be given effect without the invalid portion or application, and to this end the provisions of this rule are severable.
Last updated November 14, 2024 at 8:51 AM