Insurance Law 4404 — Legislation
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SECTION 4403
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ARTICLE 44
Employee Welfare Funds
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SECTION 4405
Examinations; conduct
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SECTION 4404
Examinations; requirement
Insurance (ISC) CHAPTER 28, ARTICLE 44
§ 4404. Examinations; requirement. (a) The superintendent may examine
into the affairs of any employee welfare fund as often as he deems it
necessary, and he shall do so at least once in every five years.
(b) The trustees of every fund shall be responsible for the
maintenance of accurate records and books of account in conformance with
generally accepted accounting principles and applicable regulations.