SECTION .0400 - OPERATIONS, NOTIFICATIONS, AND REPORTING
04 NCAC 03K .0401 CERTIFIED FINANCIAL STATEMENTS
(a) No later than 90 days after the end of the authorized lender's accounting period, certified financial statements shall be filed with the Commissioner, and shall be filed pursuant to Rule .0101 of this Subchapter.
(b) Failure of an authorized lender to submit certified financial statements in the manner required by this Rule shall be grounds for revocation of its authorization.
History Note: Authority G.S. 53-259; 53-271(a);
Eff. January 1, 1995.