Section 11.02. Reports.

 

(1)   Purpose. The purpose of this section is to establish reporting for administration of the insurance security fund.

(2)   Reports to insurers subject to assessment. The board from time to time at the direction of the chairperson shall make a report of its activities and of the income and disbursements of each account of the fund to all authorized insurers subject to assessment.

(3)   Annual audited financial reports. The board shall submit an audited financial report to the commissioner each year not later than 120 days after the insurance security fund's fiscal year.

History: Cr. Register, July, 1973, No. 211 , eff. 8-1-73; r. and recr. (1), r. (2), (3), (4) (a) and (b), renum. (4) (c) to be (2) and am. September. 1988, No. 393. eff. 10-1-88; correction in (1) made under s. 13.93 (2m) (b) 3., Stats., Register, September, 1988, No. 393 ; cr. (3), Register, July, 1993, No. 451 , eff. 8-1-93.