N.Y. Insurance Law § 4404: Examinations; requirement

§ 4404. Examinations; requirement. (a) The superintendent may examine

into the affairs of any employee welfare fund as often as he deems it

necessary, and he shall do so at least once in every five years.

(b) The trustees of every fund shall be responsible for the

maintenance of accurate records and books of account in conformance with

generally accepted accounting principles and applicable regulations.