Title 15, Commerce and TradeRelease 119-110

§6757 Report by the Association

Title 15 › CHAPTER 93 — INSURANCE › SUBCHAPTER III — NATIONAL ASSOCIATION OF REGISTERED AGENTS AND BROKERS › § 6757

Last updated Sep 22, 2026|Official source

Summary

As soon as each fiscal year ends, the Association must send a written report to the President through the Treasury Department, to the States (including state insurance regulators), and publish it on its website. The report must include audited financial statements showing year-end position and the sources and uses of funds.

Full Legal Text

Title 15, §6757

Commerce and Trade, Source: USLM XML via OLRC

(a)In general
As soon as practicable after the close of each fiscal year, the Association shall submit to the President, through the Department of the Treasury, and the States (including State insurance regulators), and shall publish on the website of the Association, a written report regarding the conduct of its business, and the exercise of the other rights and powers granted by this subchapter, during such fiscal year.
(b)Financial statements
Each report submitted under subsection (a) with respect to any fiscal year shall include audited financial statements setting forth the financial position of the Association at the end of such fiscal year and the results of its operations (including the source and application of its funds) for such fiscal year.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Prior Provisions

Provisions similar to this section were contained in section 6762(c) of this title, prior to the general amendment of this subchapter by Pub. L. 114–1. A prior section 6757, Pub. L. 106–102, title III, § 327, Nov. 12, 1999, 113 Stat. 1427, related to officers of the Association, prior to the general amendment of this subchapter by Pub. L. 114–1.

Reference

Citations & Metadata

Citation

15 U.S.C. § 6757

Title 15, Commerce and Trade

Last Updated

Sep 22, 2026

Release point: 119-110