9-956

9-956. Annual audit; report of secretary; sanction

A. The board shall cause an annual audit and report of the fund.

B. The secretary shall report, using a form approved by the state fire marshal, annually on or before January 1 to the board the condition of the fund and the receipts and disbursements, with a complete list of its beneficiaries and the amounts paid.

C. The board shall send a copy of the annual audit and report of the fund to the state fire marshal and the Arizona state library, archives and public records.

D. If the annual pension fund report is not received by January 31 by the state fire marshal the participating incorporated city or town or fire district is not eligible to receive its share of fire insurance premium tax monies under section 9-952.