56-12-113 - Examination of the association Annual financial report.

56-12-113. Examination of the association Annual financial report.

(a)  The association shall be subject to examination and regulation by the commissioner.

(b)  The board of directors shall submit, not later than March 30 of each year, a financial report for the preceding calendar year in a form approved by the commissioner.

[Acts 1971, ch. 180, § 13; T.C.A., § 56-4013.]