As Amended
SEC. 79-5-29. Audits; reports.
Upon commencing business, the corporation shall notify the state comptroller of the department of bank supervision and shall be subject to annual audits by such department, the cost of which audit, not to exceed five hundred dollars ($500.00) per year, shall be paid by the corporation. The corporation shall make reports of its condition not less than semi-annually to said comptroller, who in turn shall make copies of such reports available to the commissioner of insurance and to the secretary of state, and the corporation shall also furnish such other information as may from time to time be required by the state comptroller of the department of bank supervision or the secretary of state.
SOURCES: Codes, 1942, Sec. 5390-15; Laws, 1960, ch. 186, Sec. 15; 1968, ch. 279, Sec. 1, eff from and after passage (approved July 10, 1968).