83-23-227 - Regulation by commissioner; annual report.

§ 83-23-227. Regulation by commissioner; annual report.
 

The association shall be subject to examination and regulation by the commissioner. The board of directors shall submit to the commissioner, not later than May 1 of each year, a financial report for the preceding calendar year in a form approved by the commissioner and a report of its activities during the preceding calendar year. 
 

Sources: Laws,  1985, ch. 482, § 14, eff from and after passage (approved April 9, 1985).