Section 10-227 - Audits.

§ 10-227. Audits.
 

(a)  Required.- The Legislative Auditor: 

(1) may conduct a fiscal and compliance audit of the accounts and transactions of the Authority yearly or every 2 years; and 

(2) shall advise officials of the Authority whether the audit will be yearly or every 2 years. 

(b)  Cost.- The Authority shall pay the cost of the fiscal part of the post audit examination. 
 

[An. Code 1957, art. 41, § 13-118; 2008, ch. 306, § 2.]