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V-1.1 - Securities Act
Section 94
Disposition versions
94. When an issuer, reporting or not, becomes an insider of a reporting issuer, the officers and the directors of the former issuer are deemed to have been insiders of the other reporting issuer for the previous 6 months or for such shorter period as they have been officers or directors of the former issuer.
If the former issuer is a reporting issuer, the officers and the directors of the latter issuer are also deemed to be insiders of the former issuer, and the same conditions apply.
94. When an issuer, reporting or not, becomes an insider of a reporting issuer, the senior executives and the directors of the former issuer are deemed to have been insiders of the other reporting issuer for the previous 6 months or for such shorter period as they have been senior executives or directors of the former issuer.
If the former issuer is a reporting issuer, the senior executives and the directors of the latter issuer are also deemed to be insiders of the former issuer, and the same conditions apply.
94. When an issuer, reporting or not, becomes an insider of a reporting issuer, a senior executive of the former issuer is deemed to have been an insider of the other reporting issuer for the previous 6 months or for such shorter period as he has been a senior executive of the former issuer.
If the former issuer is a reporting issuer, the senior executives of the latter issuer are also deemed to be insiders of the former issuer, and the same conditions apply.
