Oklahoma § 36-2691.10 - Annual statement; examinations; expenses

§ 36-2691.10. Annual statement; examinations; expenses

A. Each chiropractic service corporation shall annually, on or

before the last day of March, file in the office of the Insurance

Commissioner a full, true and complete statement of the condition of

the corporation on December 31 of the preceding year in such form as

shall be prescribed by the Insurance Commissioner, and which shall

be verified under oath by at least two (2) of the principal officers

of the corporation.

B. Whenever the Insurance Commissioner deems it pertinent or

necessary, and at least once in each period of three (3) years, the

Insurance Commissioner shall personally, or by his authorized

representative, visit each corporation and thoroughly inspect and

examine its financial condition, its ability to fulfill its

obligations, whether it has complied with the provisions of the law,

and any other facts relative to its business methods, management and

the equity of its dealings with its members. The Insurance

Commissioner may summon and administer the oath to and examine as

witnesses the directors, officers, trustees, agents, representatives

and members of any corporation and any other person or persons

relative to its affairs, transactions and condition. Any

corporation so examined shall pay the proper charges for the per

diem, travel and other necessary expenses in connection therewith.

Laws 1979, c. 71, § 10.