Michigan Compiled Laws § 500.7715 Examination And Regulation Of Association By Commissioner; Financial Report; Report Of Activities.

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: October 10, 2016