Section 58-1-47 - Commissioner's [Director's] annual report.

58-1-47. Commissioner's [Director's] annual report.

A.     The commissioner [director of the financial institutions division of the regulation and licensing department] shall report to the governor annually. His report shall include:   

(1)     the text of all rules of general application the department has adopted or altered since his last annual report;   

(2)     a statement of the status and remaining assets and liabilities of any organization which the commissioner [director] is managing or is in the process of liquidating;   

(3)     a summary of all changes occurring since his last annual report by reason of opening new state banks, mergers and conversions, increases and decreases in capital and the like;   

(4)     a condensed statement of condition of each state bank; and   

(5)     such other information concerning the conduct and affairs of his office as he shall see fit to report.   

B.     The report shall be a public document and shall be printed.