44-14-115 - Annual reports.

44-14-115. Annual reports.

Each association formed under this chapter shall prepare and make out an annual report on forms to be furnished by the commissioner of commerce and insurance, containing:

     (1)  The name of the association;

     (2)  Its principal place of business;

     (3)  A general statement of its business operations during the fiscal year, showing the number of members, amount of membership fees received, and the amount of prescribed protective fees received;

     (4)  The total expenses of operations;

     (5)  The amount of its indebtedness or liability;

     (6)  Its balance sheets; and

     (7)  Such other information as may be required by the commissioner.

[Acts 1939, ch. 184, § 15; C. Supp. 1950, § 3830.16 (Williams, § 3830.17); impl. am. Acts 1971, ch. 137, § 2; T.C.A. (orig. ed.), § 44-2115.]