2.2-2312 - Annual report; audit. - Virginia Statutes

§ 2.2-2312. Annual report; audit.

The Authority shall, within 120 days of the close of each fiscal year, submitan annual report of its activities for the preceding fiscal year to theGovernor and the chairmen of the House Committee on Appropriations and theSenate Committee on Finance. Each report shall set forth, for the precedingfiscal year, a complete operating and financial statement for the Authorityand any loan fund or loan guarantee fund the Authority administers ormanages. The Auditor of Public Accounts or his legally authorizedrepresentatives shall at least once in a year audit the books and accounts ofthe Authority and any loan fund or loan guarantee fund the Authorityadministers or manages.

(1984, c. 749, § 9-235; 1997, c. 815; 2001, c. 844.)