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17:12B-258 - Reports to stockholders

17:12B-258.  Reports to stockholders
    Every capital stock association shall make available to its stockholders annually, a report of its financial condition as of the end of the fiscal year,  either

    a.  By mailing to each stockholder of record a statement of assets and liabilities, and a statement of operations;  or

    b.  By publishing a statement of its assets and liabilities at least once in  a newspaper published or circulating in the municipality in which the principal  office of the capital stock association is located and by furnishing to any  stockholder upon request, a statement of assets and liabilities, and a  statement of operations;  or

    c.  By reporting in such manner and form as may be required by regulations promulgated by the commissioner.

     L.1974, c. 137, s. 29, eff. Oct. 23, 1974.
 

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