The association shall be subject to examination and regulation by the commissioner. The board of directors shall submit to the commissioner, not later than May first of each year, a financial report for the preceding calendar year in a form approved by the commissioner and a report of its activities during the preceding calendar year.
(1972, P.A. 280, S. 15.)
History: Sec. 38-315 transferred to Sec. 38a-872 in 1991.