The association shall be subject to examination and regulation by the commissioner. The board of directors shall submit to the commissioner, not later than May 1 of each year, a financial report for the preceding calendar year in a form approved by the commissioner and a report of its activities during the preceding calendar year.
Ala. Code § 27-44-15
Examination and Regulation of Association; Annual Report.
Known as the Alabama Life and Disability Insurance Guaranty Association Act
The act spans §§ 27-44-1 to 27-44-9 (20 sections).
(Acts 1982, No. 82-561, p. 922, §15.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.