§ 10.1-1025. Forms of accounts and records; audit of same
The accounts and records of the Foundation showing the receipt and disbursement of funds from whatever source derived shall be in such form as the Auditor of Public Accounts prescribes, provided that such accounts shall correspond as nearly as possible to the accounts and records for such matters maintained by similar enterprises. The accounts and records of the Foundation shall be subject to audit by the Auditor of Public Accounts or his legal representative on an annual basis and the costs of such audit services shall be borne by the Foundation. The Foundation's fiscal year shall be the same as the Commonwealth's.
(1992, c. 426.)
Sections: Previous 10.1-1017 10.1-1018 10.1-1018.1 10.1-1019 10.1-1020 10.1-1021 10.1-1021.1 10.1-1022 10.1-1022.1 10.1-1023 10.1-1024 10.1-1025 10.1-1026 NextLast modified: April 2, 2009