A regulated corporation shall, at its own expense and as and when the Commissioner may require, have its affairs audited by an independent certified public accountant who is satisfactory to the Commissioner; and the regulated corporation shall file with the Commissioner such report of the accountant as the Commissioner may require.

Note: Authority cited: Section 215, Financial Code. Reference: Section 772, Financial Code.

History

1. Change without regulatory effect amending section filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).