§ 4594 - Annual report; audit - Vermont Statutes

§ 4594. Annual report; audit

On or before the last day of February in each year the bank shall make a report of its activities for the preceding calendar year to the governor and to the legislature. Each report shall set forth a complete operating and financial statement covering its operations during the year. The bank shall cause an audit of its books and accounts to be made at least once in each year by certified public accountants and the cost thereof shall be considered an expense of the bank and a copy thereof shall be filed with the state treasurer. (Added 1969, No. 216 (Adj. Sess.), § 3, eff. March 27, 1970.)