NAC677.380. Semiannual financial reports.

     1. Each licensee shall file with the Commissioner a semiannual financial report for its entire operation.

     2. The semiannual report must include:

     (a) A statement of income and expenses for the period;

     (b) A balance sheet;

     (c) The monthly average number, size and amount of loans outstanding;

     (d) An analysis of delinquent accounts;

     (e) An identification of any court actions undertaken to effect collection; and

     (f) The detail of the total borrowings outstanding, exclusive of thrift certificates.

     3. The semiannual financial report is due by the 30th day of the month following the close of the period.

     [Dep’t of Commerce, Thrift Companies Reg. § 15 subsecs. 15.4 & 15.5, eff. 5-20-76; A 1-4-78; A and renumbered as § 14 subsecs. 14.4-14.5, 12-14-78]—(NAC A by Admstr. of Financial Institutions, eff. 6-29-84)