15 USC 6757: Report by the Association
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15 USC 6757: Report by the Association Text contains those laws in effect on November 24, 2024
From Title 15-COMMERCE AND TRADECHAPTER 93-INSURANCESUBCHAPTER III-NATIONAL ASSOCIATION OF REGISTERED AGENTS AND BROKERS

§6757. Report by the Association

(a) In general

As soon as practicable after the close of each fiscal year, the Association shall submit to the President, through the Department of the Treasury, and the States (including State insurance regulators), and shall publish on the website of the Association, a written report regarding the conduct of its business, and the exercise of the other rights and powers granted by this subchapter, during such fiscal year.

(b) Financial statements

Each report submitted under subsection (a) with respect to any fiscal year shall include audited financial statements setting forth the financial position of the Association at the end of such fiscal year and the results of its operations (including the source and application of its funds) for such fiscal year.

(Pub. L. 106–102, title III, §327, as added Pub. L. 114–1, title II, §202(a), Jan. 12, 2015, 129 Stat. 24 .)


Editorial Notes

Prior Provisions

Provisions similar to this section were contained in section 6762(c) of this title, prior to the general amendment of this subchapter by Pub. L. 114–1.

A prior section 6757, Pub. L. 106–102, title III, §327, Nov. 12, 1999, 113 Stat. 1427 , related to officers of the Association, prior to the general amendment of this subchapter by Pub. L. 114–1.