Section 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.