Section 394-B:41 Preliminary Audit. - New Hampshire Statutes

The supervisory committee shall at least semi-annually conduct or cause to be conducted an audit of the books and records and an examination of the business and affairs of the credit union, or, with the approval of the bank commissioner, the credit union may engage an independent professional auditor to conduct such an audit and examination at least annually. The supervisory committee or such independent professional auditor shall conduct a thorough audit of receipts, disbursements, assets and liabilities. The supervisory committee or such independent professional auditor shall conduct verification not less than every 2 years.

Source. 1983, 195:1. 2003, 164:5, eff. Aug. 16, 2003.