Receipt; records

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  • (a) The Commissioner of Finance shall deliver to the insurer a receipt for all funds and securities so deposited by it.

  • (b) The Commissioner of Insurance shall keep a record in permanent form of all funds and securities so deposited. This record shall be open to the inspection of the Commissioner of Finance during all office hours.

  • (c) The Commissioner of Finance shall keep a record in permanent form of all such funds and securities, and which record shall be open to the inspection of the Commissioner of Insurance during all office hours. The Commissioner of Finance shall state in his report to the Governor the aggregate amount of all such deposits held by him and of any transfers thereof countersigned by him.


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