(a) Not later than March 1 of each year, the association shall file with the department a statement that contains information regarding the association’s transactions, condition, operations, and affairs during the preceding calendar year.
(b) The statement must:
(1) contain the matters and information required by the department; and
(2) be in the form approved by the department.

(c) The department at any time may require the association to provide additional information regarding the association’s transactions or condition, or any related matter considered to be:
(1) material; and
(2) of assistance in evaluating the scope, operation, and experience of the association.