§ 31A-9-404. Annual report to fraternal members.

Latest version.

(1)	Every domestic fraternal shall send to each member having insurance or shall publish in the official publication under Subsection 31A-9-402(1), an abbreviated annual report.

(2)

This report shall contain:

(a)	basic financial and operating data;

(b)	information about important business and corporate developments;

(c)	other information the fraternal wishes to include; or

(d)	other information the commissioner by rule requires it to include to adequately inform its members.

(3)	The fraternal shall send a business mail reply form on which the member may request a more complete annual report. This complete annual report shall contain the information prescribed by rule under Subsection 31A-2-201(3).

Amended by Chapter 91, 1987 General Session

                    
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