Annual statement.

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

The association shall file in the office of the department annually by March first a statement containing information with respect to its transactions, condition, operations, and affairs during the preceding year. The statement shall contain information prescribed by the director or his designee and must be in the form he directs.

The director or his designee, at any reasonable time, may require the association to furnish additional information concerning its transactions, condition, or any matter connected therewith considered to be material and of assistance in evaluating the scope, operations, and experience of the association.

HISTORY: 1988 Act No. 360, Section 19; 1993 Act No. 181, Section 832.


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