Section 10-20-115 - Examination of the association - annual report

The association shall be subject to examination and regulation by the commissioner. The board shall submit to the commissioner each year, not later than one hundred twenty days after the close of the fiscal year of the association, a financial report in a form approved by the commissioner, and a report of the activities of the board during the preceding fiscal year.L. 91: Entire article added, p. 1280, § 1, effective July 1.