Undergraduate Student Resources
In the cases involving lessees and lessors, the statutory scheme should provide for distribution of the loss consonant with the various obligations and relationships under the lease and insurance policies covering the risk. For these reasons we decline to add to the list of tax disclosures in the Key Information Table, and are adopting this requirement as proposed. However, as proposed, we are not separately requiring delivery of portfolio company prospectus amendments to investors. Some insurers extend this to include policy forms, so that the only parts of the policy not part of the jacket are the declarations, endorsements, and riders. Office of the approval of contract insurance notes. However, where the assured has parted with his interest in the subject, matter insured and has not, before or at time of so doing, expressly or impliedly agreed to assign the policy and subsequent assignment of the policy is inoperative.
The Appendix is designed to complement the portfolio company prospectuses in a layered disclosure approach to provide the investor with an ability to choose the amount and type of information he or she prefers to review. However, the courts will not be bound by any specific inclusions or exclusions within the Regulated Activities Order in force at the time. He sold timber to a company of which he was the sole substantial shareholder. Nothing in this section restricts the capacity of a person to exercise any right or power under a contract of life insurance to which the person is a party.