(a) The Commissioner shall examine the affairs of each association as to its financial condition at least once in 3 years. The commissioner shall also make an examination of any such association whenever the commissioner deems it prudent or advisable to do so.
(b) The examination shall be made by the Commissioner personally or by a deputy or other accredited representative of the Commissioner, and all proper charges incurred in making such examination, inclusive of expert assistance, shall be paid by the association examined except that the expenses of such examination shall not exceed $25 per day plus traveling expenses incurred.
Structure Delaware Code
Chapter 55. MUTUAL BENEFIT ASSOCIATIONS
§ 5501. Scope of chapter; provisions exclusive.
§ 5502. “Mutual benefit association” defined.
§ 5504. Incorporation; prerequisites.
§ 5505. Certificate of authority required; foreign operations.
§ 5506. Certificate of authority — Application.
§ 5507. Certificate of authority — Issuance; renewal.
§ 5508. Certificate of authority — Revocation.
§ 5513. Examination of association — Timing; responsibility.
§ 5514. Examination of association — Access to books and records; witnesses.
§ 5515. Examination of association — Refusal to permit; revocation of certificate of authority.
§ 5516. Domestic associations; situs of business; reports and fees.
§ 5517. Certificate of membership — Approval; terms.
§ 5518. Certificate of membership — Limitations on benefits.
§ 5519. Agreement between association and members; binding effect.
§ 5520. Fees; costs; in lieu of provision.
§ 5521. Merger; reinsurance; transfers with other associations.