500.7715 Examination and regulation of association by commissioner; financial report; report of activities. Sec. 7715. 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 the association's activities during the preceding calendar year. History: Add. 1982, Act 194, Imd. Eff. June 28, 1982 Popular Name: Act 218
Michigan Legal Code