33-4-313. Annual statement -- report -- filing. (1) The president and secretary of every insurer, on or before March 1 each year, shall prepare, affirm under oath, affix the corporate seal thereto, and file with the commissioner, on forms as prescribed and furnished by him, an annual statement for the preceding calendar year showing the condition of such insurer as of December 31 of such year and exhibiting the following facts:
     (a) the names of the president and secretary;
     (b) the date of the annual meeting;
     (c) the amount of insurance in force;
     (d) the number of members;
     (e) the number of assessments made during the year;
     (f) the amount paid in losses during the year;
     (g) the amount of the losses claimed and not paid, with the reason for nonpayment;
     (h) the number of members withdrawn, suspended, and expelled during the year;
     (i) the number of new members admitted during the year;
     (j) the expenses during the year;
     (k) the amount of money on hand;
     (l) the amount and character of the insurer's assets;
     (m) the amount of the insurer's liabilities, including any reserves required to be established under this chapter;
     (n) such other information concerning the insurer's affairs as the commissioner may reasonably require.
     (2) A report of an insurer's expenditures for educational purposes, if any, for the preceding year must be filed with the commissioner at the same time and in conjunction with the annual report of such insurer, as required under 33-4-404.

     History: En. Sec. 499, Ch. 286, L. 1959; R.C.M. 1947, 40-4832; amd. Sec. 1, Ch. 337, L. 1987.