Section 46A-18-71.1 - Annual audit of district when loan agreement in effect--Filing of copies. - South Dakota Statutes

46A-18-71.1. Annual audit of district when loan agreement in effect--Filing of copies. At the close of each fiscal year during which any loan agreement is in effect pursuant to § 46A-3D-18, the water project district shall obtain an audit by the State Department of Legislative Audit, or an auditor approved by the State Department of Legislative Audit, of the books, records, and financial affairs of the water project district. A written report of the audit shall be kept on file in the principal place of business of the water project district, and copies of the report shall be filed in the Office of the Secretary of State and with the Board of Water and Natural Resources.

Source: SL 1986, ch 374, § 2.