Examination of the association -- Annual report.

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  6. Examination of the association -- Annual report.

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  • (1) The association is subject to examination and regulation by the commissioner.
  • (2) The board of directors shall submit, to the commission by no later than April 30 of each year:
    • (a) a financial report for the preceding calendar year in a form approved by the commissioner; and
    • (b) a report of the association's activities during the preceding calendar year.




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