Examination of the association -- Annual report.

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  • (1) The association shall be subject to examination and regulation by the commissioner.
  • (2) The board of directors shall submit to the commissioner each year, not later than 120 days after the association's fiscal year:
    • (a) a financial report in a form approved by the commissioner; and
    • (b) a report of its activities during the preceding fiscal year.
  • (3) At the request of a member insurer, the association shall provide the member insurer with a copy of a report submitted under Subsection (2).




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