Access of Commissioner to Records; Correction of Inadequate or Incorrect Accounts

Checkout our iOS App for a better way to browser and research.

  1. Every person being examined, its officers, employees, and representatives shall produce and make freely accessible to the Commissioner the accounts, records, documents, and files in his possession or control relating to the subject of the examination. Such officers, employees, and representatives shall facilitate such examination and aid the examiners as far as it is in their power in making the examination.
  2. If the Commissioner finds the accounts to be inadequate or incorrectly kept or posted, he may employ experts to rewrite, post, or balance such records at the expense of the person being examined, if such person has failed to correct such accounting within 60 days after the Commissioner has given him notice to do so.

(Code 1933, § 56-210, enacted by Ga. L. 1960, p. 289, § 1.)

Cross references.

- Inspection of public records, § 50-18-70 et seq.

JUDICIAL DECISIONS

Cited in Southeastern Adjusters, Inc. v. Caldwell, 229 Ga. 4, 189 S.E.2d 76 (1972).

RESEARCH REFERENCES

C.J.S.

- 44 C.J.S., Insurance, § 52.


Download our app to see the most-to-date content.