Section 27-44-15 Examination and regulation of association; annual report. - Alabama Statutes

Section 27-44-15

Examination and regulation of association; annual report.

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 its activities during the preceding calendar year.

(Acts 1982, No. 82-561, p. 922, §15.)