The board shall cause an annual audit of the books of accounts, funds and securities of the company to be made by a competent and independent firm of certified public accountants, the cost of the audit to be a charge against the company. A copy of the audit report shall be filed with the superintendent of insurance and the president. The audit shall be open to the public for inspection.
§ 52-9-17 NMSA 1978
Company audit
Known as the Employers Mutual Company Act
The act spans §§ 52–52 (25 sections).
Laws 1990 (2nd S.S.), ch. 2, § 137.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.