Section 2429-E. Examination  


Latest version.
  • At least once in each calendar year the agency
      shall be examined by the superintendent of banks  for  the  purposes  of
      determining  the  agency's net worth and the soundness of its management
      and operating policies. The agency shall not, however, be deemed to be a
      banking organization. The  agency  shall  pay  the  cost  of  each  such
      examination.  Copies of each examination report, including the findings,
      conclusions and recommendations of the examiners, shall be furnished  to
      the  agency.  The  agency  shall furnish a complete copy of each report,
      including  the  findings,  conclusions  and   recommendations   of   the
      examiners, to the comptroller.