CODE OF VIRGINIA

ADDITIONAL DUTIES (§ 15.2-5912)

In addition to the duties set forth elsewhere in this chapter, the Authority
shall:

   1.  Keep records as are consistent with sound business practices and
   accounting records using generally accepted accounting practices;

   2.  Cause an audit by an independent certified public accountant to be made of
   accounts and transactions at the conclusion of each fiscal year;

   3.  Be subject to audit and examination at any reasonable time of its accounts
   and transactions by the Auditor of Public Accounts; and

   4.  Submit a detailed report of any activities and change in financial
   standing to the Governor and to the General Assembly.

HISTORY: 1996, c. 1021, § 15.1-1700; 1997, c. 587; 2005, c. 633.