The State Banking Commissioner may examine each organization so as to approve the organization's determination of the wholesale costs made pursuant to Section 306 of this title. The fee for the examination may be paid from the organization's cemetery merchandise trust fund. For such purposes, the Commissioner is authorized to administer oaths and to examine under oath the directors, officers, employees and agents of any organization. The examination may be reduced to writing by the person taking it, and the examiner may make findings as to the condition of each cemetery merchandise trust fund examined. For the purpose of the examinations, the Commissioner may require any officer of an organization to furnish and submit the books, records, papers and instruments of the organization to the examiner.

Laws 1989, SB 155, c. 297, § 25, eff. November 1, 1989; Amended by Laws 1995, HB 1951, c. 82, § 11, eff. November 1, 1995.