Indiana § 28-13-10-8 Examination of corporation statement; departmental accounting and
auditing standards; examination of corporation's holding company

Indiana Statutes

§ 28-13-10-8 — Examination of corporation statement; departmental accounting and auditing standards; examination of corporation's holding company

Indiana·Art. 13 CORPORATE GOVERNANCE·Ch. 10 Meetings and Action of Board of Directors

The board of directors shall cause the
corporation to be examined one (1) time each calendar year by a
certified public accountant. The board of directors shall submit the
examination and a complete statement of the condition of the
corporation to the department. The department may require additional
information. The department may establish the accounting and auditing
standards necessary to define the examination requirements of this
section by policy or rule. An examination of a corporation's holding
company shall satisfy the requirements of this section if done in
accordance with standards prescribed by department policy or rule.

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The board of directors shall cause the
corporation to be examined one (1) time each calendar year by a
certified public accountant. The board of directors shall submit the
examination and a complete statement of the condition of the
corporation to the department. The department may require additional
information. The department may establish the accounting and auditing
standards necessary to define the examination requirements of this
section by policy or rule. An examination of a corporation's holding
company shall satisfy the requirements of this section if done in
accordance with standards prescribed by department policy or rule.

Indiana § 28-13-10-8 (Examination of corporation statement; departmental accounting and auditing standards; examination of corporation's holding company) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.