§ 9-415. Examination and regulation; financial report

Latest version.

   (a) Examination and regulation. -- The Corporation is subject to examination and regulation by the Commissioner.

(b) Financial report. -- By May 1 of each year, the Board of Directors shall submit to the Commissioner:

   (1) a financial report for the preceding calendar year in the form that the Commissioner approves; and

   (2) a report of its activities during the preceding calendar year.

HISTORY: An. Code 1957, art. 48A, § 534; 1996, ch. 11.

                    
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