Every association organized under the terms of this chapter shall annually, on or before the first day of March of each year, make a report to the secretary of state; such report shall contain the name of the company, its principal place of business in this state, and generally a statement as to its business, showing total amount of business transacted, amount of capital stock subscribed for and paid in, number of stockholders, total expense of operation, amount of indebtedness for liabilities, and its profits and losses. Such reports shall be for the calendar or fiscal year immediately preceding the said first day of March, provided that a calendar or fiscal year has been completed upon said date.
Failure to comply with this section before the first day of April shall subject the delinquent association to a penalty of ten dollars.
[SS15, § 1641-r15; C24, 27, 31, 35, 39, § 8480; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 497.22]
Referred to in § 497.23, 497.25
© 1997 Cornell College and League of Women Voters of Iowa
Last update: Mon Jan 27 16:05:08 CST 1997