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Draft: 5/3/24 Model#171The revisions to this draft reflect changes made from the existing model. Any comments on this draft should be sent by email only to Jolie Matthews at jmatthews@naic.org.MODEL
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Draft section 9a disclosure is a document that outlines relevant information about a company's financial dealings, specifically related to transactions with related parties.
Companies that have transactions with related parties are required to file draft section 9a disclosure.
To fill out draft section 9a disclosure, companies need to provide details of transactions with related parties, including the nature of the transactions, the amounts involved, and any potential conflicts of interest.
The purpose of draft section 9a disclosure is to provide transparency and ensure that companies are not engaging in transactions that could be considered unfair or biased due to related party relationships.
Information such as the nature of the related party transactions, the amounts involved, and any potential conflicts of interest must be reported on draft section 9a disclosure.
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