99D.20 - AUDIT OF LICENSEE OPERATIONS.
99D.20 AUDIT OF LICENSEE OPERATIONS.
Within ninety days after the end of each calendar year, the
licensee shall transmit to the commission an audit of the financial
transactions and condition of the licensee's operations conducted
under this chapter. Additionally, within ninety days after the end
of the licensee's fiscal year, the licensee shall transmit to the
commission an audit of the licensee's total racing and gaming
operations, including an itemization of all expenses and subsidies.
All audits shall be conducted by certified public accountants
authorized to practice in the state of Iowa under chapter 542 who are
selected by the board of supervisors of the county in which the
licensee operates. Section History: Recent Form
83 Acts, ch 187, § 20; 2001 Acts, ch 55, §21, 38; 2004 Acts, ch
1136, §18; 2005 Acts, ch 3, §27; 2009 Acts, ch 29, §1, 3
Referred to in § 99D.9, 99D.10