(a) Each association shall annually on or before March 1 file with the Commissioner its financial statement on forms furnished by the Commissioner and subscribed and sworn to by its president and secretary or in their absence by 2 of its principal officers. The statement shall show the association’s financial condition and total membership at the close of business on the December 31 next preceding.

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(b) The Commissioner shall annually, in December, furnish to each association then holding a certificate of authority, 2 or more blanks in the form adopted for such annual statements.

18 Del. C. 1953, § ?5512; 56 Del. Laws, c. 380, § ?1;