Reports to stockholders

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

17:12B-258. Reports to stockholders

Every capital stock association shall make available to its stockholders annually, a report of its financial condition as of the end of the fiscal year, either

a. By mailing to each stockholder of record a statement of assets and liabilities, and a statement of operations; or

b. By publishing a statement of its assets and liabilities at least once in a newspaper published or circulating in the municipality in which the principal office of the capital stock association is located and by furnishing to any stockholder upon request, a statement of assets and liabilities, and a statement of operations; or

c. By reporting in such manner and form as may be required by regulations promulgated by the commissioner.

L.1974, c. 137, s. 29, eff. Oct. 23, 1974.


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