TITLE 32. FINANCIAL INSTITUTIONS

CHAPTER 3. CREDIT UNIONS

Part 2. Regulation

Reports

32-3-202. Reports. (1) Credit unions organized under this chapter shall report to the department of administration annually on or before February 1 on forms supplied by the department for that purpose. Additional reports may be required.

(2) A fine of $5 for each day a report is in arrears must be levied against the offending credit union unless it is excused for cause by the department.

History: En. 14-610 by Sec. 10, Ch. 38, L. 1975; R.C.M. 1947, 14-610; amd. Sec. 5, Ch. 237, L. 2003.