§ 4403. Registration. (a) The trustees of every employee welfare fund shall register such fund with the superintendent within three months of commencing to do business in this state. Such registration shall be in such form and shall contain such information relating to the organization, operations and affairs of such fund as may be prescribed by the superintendent.

(b) If it is found that the conditions that originally required registration with the superintendent have ceased to exist and that new conditions exist that would not require the registration of an employee welfare fund with the superintendent, then the superintendent may, on application of the trustees or on the superintendent's own motion, cancel the registration of such fund.