Sec. 12. (a) In June and December each year, the board shall prepare a written report generally summarizing the board’s activities and the status of the public deposit insurance fund for the previous six (6) months. However, the report may not identify a particular financial institution notwithstanding the requirements of IC 5-14-3. The report shall be made available on the board’s Internet web site.

     (b) The chairperson of the board or the chairperson’s designee shall present the semiannual report to the budget committee at a public hearing.

As added by P.L.115-2010, SEC.17.