15.2-5912 - Additional duties.
§ 15.2-5912. Additional duties.
In addition to the duties set forth elsewhere in this chapter, the Authorityshall:
1. Keep records as are consistent with sound business practices andaccounting records using generally accepted accounting practices;
2. Cause an audit by an independent certified public accountant to be made ofaccounts and transactions at the conclusion of each fiscal year;
3. Be subject to audit and examination at any reasonable time of its accountsand transactions by the Auditor of Public Accounts; and
4. Submit a detailed report of any activities and change in financialstanding to the Governor and to the General Assembly.
(1996, c. 1021, § 15.1-1700; 1997, c. 587; 2005, c. 633.)