Alabama Statutes

§ 27-34-39 — Examinations - Domestic Societies

Alabama·Title 27 Insurance·Ch. 34 Fraternal Benefit Societies
(a)The commissioner, or any person he may appoint, shall have the power of visitation and examination into the affairs of any domestic society, and he shall make such examination at least once in every three years. He may employ assistants for the purpose of such examination, and he, or any person he may appoint, shall have free access to all books, papers, and documents that relate to the business of the society.
(b)In making any such examination, the commissioner may summon and qualify as witnesses under oath and examine its officers, agents, and employees or other persons in relation to the affairs, transactions, and condition of the society.
(c)A summary of the report of the commissioner, and such recommendations or statements of the commissioner as may accompany such report, shall

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Legislative History

(Acts 1911, No. 476, p. 700; Acts 1971, No. 407, p. 707, §711.)

Nearby Sections

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