Section 10-712 - Audits.

§ 10-712. Audits.
 

(a)  Required.- Each year, an independent auditor approved by the State shall audit the books and records of the Trust. 

(b)  Optional.- At its discretion, the State may audit the books and records of the Trust. 

(c)  Expense.- The Trust shall pay the expense of an audit conducted under this section. 
 

[An. Code 1957, art. 83A, § 5-307(a); 2008, ch. 306, § 2.]