(a) A holder of beneficial interests shall disclose to the statutory trust any control beneficial interest acquisition within 10 days of such control beneficial interest acquisition. A statutory trust may require a holder of beneficial interests or an associate of such person to disclose the number of beneficial interests owned or with respect to which such person or an associate thereof has the direct or indirect power to exercise voting power.
(b) A holder of beneficial interests or an associate of such person shall provide to the statutory trust within 10 days of receiving a request therefor from the statutory trust any information that the trustees reasonably believe is necessary or desirable to determine whether a control beneficial interest acquisition has occurred.
Structure Delaware Code
Title 12 - Decedents' Estates and Fiduciary Relations
Chapter 38. TREATMENT OF DELAWARE STATUTORY TRUSTS
Subchapter III. Control Beneficial Interest Acquisitions
§ 3881. Control beneficial interest acquisition definitions.
§ 3882. Related acquisitions; beneficial interests held for the benefit of others.
§ 3883. Voting rights; approvals and exemptions; application.
§ 3884. Acquiring person statement.
§ 3885. Acquiring person meeting request.
§ 3886. Special meeting requirements; limitations.
§ 3887. Special meeting notice.
§ 3888. Disclosure of control beneficial interest acquisitions and related information.