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Examination and Regulation of Association by Commissioner; Financial Report; Report of Activities - Mich. Comp. Laws Section 500.7715

Legal Research Home > Michigan Laws > Insurance Code Of 1956 > Examination and Regulation of Association by Commissioner; Financial Report; Report of Activities - Mich. Comp. Laws Section 500.7715

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

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Last modified: March 17, 2013