A report to the Commissioner is required when control of an association changes. Such report shall include:

1. (1) Number of shares sold and by whom;
2. (2) Number of shares purchased and by whom;
3. (3) Cost per share;
4. (4) Whether or not a loan was obtained by the purchaser for the purpose of purchasing the stock, and if so, the amount, number of shares pledged, other collateral pledged, rate and terms;
5. (5) A resume of the past business operation and experience of the purchaser(s), together with financial statements dated within six (6) months.

Transferred from 625:10-3-2 (see Editor's Note at beginning of this Chapter)