75-76-47 - Financial reports required from licensees.
§ 75-76-47. Financial reports required from licensees.
The commission shall by regulation require periodic financial reports from each licensee, and:
(a) Specify standard forms for reporting financial condition, results of operations and other relevant financial information.
(b) Formulate a uniform code of accounts and accounting classifications to assure consistency, comparability and effective disclosure of financial information.
(c) Prescribe the intervals at which such information shall be furnished. For this purpose the commission may classify licensees by size of operation.
Sources: Laws, 1990 Ex Sess, ch. 45, § 24, eff from and after passage (approved June 29, 1990).