Minnesota Statutes 51A.12 – Financial Statement; Mutual Associations
Current as of: 2023 | Check for updates
|
Other versions
Every mutual association shall prepare and publish annually within 30 days of the close of the association’s fiscal year in a newspaper of general circulation in the county in which the principal office of the association is located, and shall deliver to each member upon application therefor, a statement of its financial condition in the form prescribed or approved by the commissioner.
Terms Used In Minnesota Statutes 51A.12
- 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.