§ 58-45-70. Commissioner may examine affairs of Association. - North Carolina Statutes

§ 58‑45‑70. Commissioner may examine affairs of Association.

The Commissioner may from timeto time make an examination into the affairs of the Association when he deemsit to be prudent and in undertaking such examination he may hold a publichearing pursuant to the provisions of G.S. 58‑2‑50. When making anexamination under this section, the Commissioner may retain attorneys,appraisers, independent actuaries, independent certified public accountants, orother professionals and specialists as examiners, the reasonable cost of whichshall be borne by the Association. Examinations shall be conducted inaccordance with G.S. 58‑2‑131, 58‑2‑132, and 58‑2‑133. (1967, c. 1111,s. 1; 1969, c. 249; 2009‑472, s. 1.)