Section 11131 Of Article 7. Financial Matters From California Insurance Code >> Division 2. >> Part 2. >> Chapter 10. >> Article 7.
11131
. Every society transacting business in this state shall
annually, on or before the first day of March, unless for cause shown
such time has been extended by the commissioner, file with the
commissioner, in such form as he may require, a statement under oath
of its president, secretary or treasurer, or corresponding officers,
of its affairs, financial condition and operations during the
calendar year ending on the thirty-first day of December last
preceding. Such statement shall contain items showing the reserve
liabilities on all outstanding certificates classified according to
the various mortality standards and interest assumptions for such
certificates. The commissioner is authorized and empowered to address
any additional inquiries to any such society in relation to its
doings or condition, or any other matter connected with its
transaction relative to the business contemplated by this chapter,
and such officers of such society, as the commissioner may require,
shall promptly reply in writing, and under oath, if so required to
all such inquiries.