(1) Every domestic fraternal shall send to each member having insurance or shall publish in the official publication under Subsection 31A-9-402(1), an abbreviated annual report.
(2) This report shall contain: (a) basic financial and operating data; (b) information about important business and corporate developments; (c) other information the fraternal wishes to include; or (d) other information the commissioner by rule requires it to include to adequately inform its members.
(a) basic financial and operating data;
(b) information about important business and corporate developments;
(c) other information the fraternal wishes to include; or
(d) other information the commissioner by rule requires it to include to adequately inform its members.
(3) The fraternal shall send a business mail reply form on which the member may request a more complete annual report. This complete annual report shall contain the information prescribed by rule under Subsection 31A-2-201(3).
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