N.Y. Business Corporation Law § 1602: Disclosure requirement

§ 1602. Disclosure requirement.

(a) No offeror shall make a takeover bid unless as soon as practicable

on the date of commencement of the takeover bid he files with the

attorney general at his New York city office and delivers to the target

company at its principal executive offices a registration statement

containing the information required by section sixteen hundred three of

this article.

(b) An offeror shall make full and fair disclosure to offerees of the

material information set forth in the registration statement filed

pursuant to subdivision (a) of this section.

(c) No solicitation or recommendation to the offerees of a target

company to accept or reject a takeover bid shall be made by or on behalf

of an offeror or a target company unless at the time copies of such

solicitation or recommendation are first published, sent or given to

such offerees, the person making such solicitation or recommendation has

filed copies of the solicitation or recommendation with the attorney

general at his New York city office.