Section 2-8-207 Annual audit of commission; examination by Department of Examiners of Public Accounts; publication of statement. - Alabama Statutes

Section 2-8-207

Annual audit of commission; examination by Department of Examiners of Public Accounts; publication of statement.

The approved and certified commission receiving and disbursing funds as herein authorized shall within 60 days following the end of each calendar year, or within a period of 60 days following the close of their fiscal year, cause an audit of their books and accounts to be conducted by a certified public accountant disclosing receipts, disbursements, expenditures and other information pertinent thereto, and a copy thereof shall be forwarded to the State Board of Agriculture and Industries for inspection and review. The examiner of public accounts of the Department of Examiners of Public Accounts of the State of Alabama shall be authorized to audit, review and otherwise investigate the receipts and disbursements of such funds in the same manner that such duties are performed for examination and audits of agencies and departments of the State of Alabama. An examination or audit as herein required to be made and submitted to the State Board of Agriculture and Industries shall be open to public inspection. Within 90 days following the close of the certified commission's fiscal year, if it has received any funds from assessments levied and collected pursuant to this article, such commission shall publish a duly verified statement in the publication of the certified commission showing the amount so received and collected and the amount or amounts spent for each project and item.

(Acts 1981, No. 81-388, p. 586, §18.)