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KRS 303.140

Annual statement -- Examination by the commissioner

Effective: July 15, 2010 History: Amended 2010 Ky

(1) All burial associations shall, by March 1 of each year, make and file with the commissioner a report of its affairs and operations during the year ending December 31 immediately preceding. This report shall be upon blank forms furnished by the commissioner and shall be verified under oath by the authorized officers of the associations. It shall show the number of outstanding policies, the number of matured policies, and all other information connected with their business as the commissioner requires. This report, or the substance thereof, shall be published in the annual report of the commissioner.

(2) The commissioner may make any examination of the books or affairs of associations as he may make of insurance companies in this state.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.