Sec. 1-127. Restriction on entities conducting financial audits.
Sec. 1-127. Restriction on entities conducting financial audits. No quasi-public
agency, as defined in section 1-120, shall contract with the same person, firm or corporation to conduct financial audits of such agency for more than six consecutive fiscal years
of the agency. The provisions of this section shall apply to fiscal years of quasi-public
agencies beginning on or after July 1, 2003.
(P.A. 03-133, S. 4.)
History: P.A. 03-133 effective July 1, 2003.