PART III.  BOARD OF TRUSTEES, MEMBERS

     §435E-31  Annual report, certificate of transmittal.  The board of trustees shall cause to be recorded with the commissioner within one hundred twenty days following the end of each fiscal year, a written statement, executed by a majority of the board of trustees under penalty of perjury, reciting that each member participating in the interindemnity arrangement was mailed a copy of the annual financial statement and quarterly audit certificates by first-class mail, postage prepaid, required by section 435E-19. [L 1977, c 182, pt of §1; am L 1982, c 203, §16]