The association is subject to examination and regulation by the department. The board of directors shall annually submit to the department, by May first, a financial report for the preceding calendar year in a form approved by the director or his designee and a report of its activities during the preceding calendar year.
S.C. Code Ann. § 38-29-140
Examination and regulation of Association; annual reports
Former 1976 Code SECTION 38-29-140 [1962 Code SECTION 37-1412; 1971 (57) 351; 1986 Act No. 426, SECTION 8] recodified as SECTION 38-21-130 by 1987 Act No. 155, SECTION 1; Former…
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.