Statutes > Alabama Statutes > Title 41 — STATE GOVERNMENT. > Chapter 14A — Security for Public Deposits. > Section 41-14A-14 Audit by Examiner of Public Accounts.

Section 41-14A-14 Audit by Examiner of Public Accounts.

Section 41-14A-14

Audit by Examiner of Public Accounts.

The SAFE Program shall be audited annually by the Examiners of Public Accounts to ensure that collateral is being maintained to secure public deposits in amounts that are consistent with the requirements of this chapter. The Program Administration Fund and Program Enforcement Fund shall also be audited annually by the Examiners of Public Accounts.

(Act 2000-748, p. 1669, §1.)