Each association formed under this chapter shall prepare and make out an annual report on forms to be furnished by the commissioner of commerce and insurance, containing:

(1) The name of the association;
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Terms Used In Tennessee Code 44-14-115

  • Association: means any association or corporation organized under this chapter. See Tennessee Code 44-14-102
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(2) Its principal place of business;
(3) A general statement of its business operations during the fiscal year, showing the number of members, amount of membership fees received, and the amount of prescribed protective fees received;
(4) The total expenses of operations;
(5) The amount of its indebtedness or liability;
(6) Its balance sheets; and
(7) Such other information as may be required by the commissioner.
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