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This entry was published on 2014-09-22
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Annual report to shareholders; delivery and publication
§ 405. Annual report to shareholders; delivery and publication. Every
savings and loan association shall (1) prepare a complete statement of
its financial condition, including a summary of income and expense since
its last previous statement, and publish the same annually, such
publication to be made in the form and manner determined by the
superintendent and in accordance with the requirements of this section,
(2) mail a copy of such financial statement to each shareholder or
depositor on application therefor, and (3) make copies of such financial
statement available to depositors, shareholders and other persons in a
convenient and conspicuous location on the premises of each of its
authorized places of business.