31A-9-404.   Annual report to fraternal members.
     (1) Every domestic fraternal shall send to each member having insurance or shall publish in the official publication under Subsection 31A-9-402 (1), an abbreviated annual report.
     (2) This report shall contain:
     (a) basic financial and operating data;
     (b) information about important business and corporate developments;
     (c) other information the fraternal wishes to include; or
     (d) other information the commissioner by rule requires it to include to adequately inform its members.
     (3) The fraternal shall send a business mail reply form on which the member may request a more complete annual report. This complete annual report shall contain the information prescribed by rule under Subsection 31A-2-201 (3).

Amended by Chapter 91, 1987 General Session
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Last revised: Thursday, May 28, 2009