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.]