TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE
SUBCHAPTER mm: FARM MUTUAL INSURANCE COMPANY ACT OF 1986
PART 3501 INTERNAL SECURITY STANDARDS AND FIDELITY BONDS
SECTION 3501.40 BANK BALANCE VERIFICATION
CHAPTER I: DEPARTMENT OF INSURANCE
SUBCHAPTER mm: FARM MUTUAL INSURANCE COMPANY ACT OF 1986
PART 3501 INTERNAL SECURITY STANDARDS AND FIDELITY BONDS
SECTION 3501.40 BANK BALANCE VERIFICATION
Section 3501.40 Bank Balance Verification
Verification of bank account balances and reconciliation of bank account statements shall be made by an officer or employee not empowered or authorized to approve payment of drafts or to make withdrawals from or charges against such accounts.