External Audit of the Receiver's Books

Act 285 of 1921, § 551, under "INSURANCE DEPARTMENT ACT OF 1921, THE".

Act 285 of 1921, § 551

Section 551. External Audit of the Receiver's Books.--The Commonwealth Court may, as it deems desirable, cause audits to be made of the books of the commissioner relating to any receivership established under this article, and a report of each audit shall be filed with the commissioner and with the court. The books, records, and other documents of the receivership shall be made available to the auditor at any time without notice. The expense of each audit shall be considered a cost of administration of the receivership.

(551 added Dec. 14, 1977, P.L.280, No.92)