23 CAR § 2-202. Transactions exempted from the operation of Acts 1965, No 107, § 2

Any acquisition or disposition of any equity security by a director or officer of an insurer within six (6) months prior to the date on which Acts 1965, No. 107, shall first become applicable with respect to the equity securities of such insurer shall not be subject to the operation of Section 2 of the act.