§ 42-116-26 - Record keeping – Financial statements.
SECTION 42-116-26
§ 42-116-26 Record keeping –Financial statements. – The corporation shall, at all times, keep full and accurate accounts of itsreceipts, expenditures, disbursements, assets, and liabilities which shall beopen to inspection by any officer or appointed agent of the state. Thecorporation shall submit an annual report, in writing, to the general assemblyand the general officers. The report shall include financial statementsrelating to the operations, properties, and expenditures of the corporationmaintained in accordance with generally accepted accounting principles. Theauditor general shall perform or have performed an annual audit of thefinancial statements of the corporation.