2005 Minnesota Statutes - 6.495 — Examination of fire and police relief associations.

     6.495 Examination of fire and police relief associations.


    Subdivision 1.    Audit and examinations.  All powers 
 and duties conferred and imposed upon the state auditor with 
 respect to state, county, and first-class city officers, 
 institutions, and property are hereby extended to the various 
 fire and police relief associations in the state.  The state 
 auditor shall annually audit the special and general funds of 
 the relief association or, at the request of the board of 
 trustees or the municipality, the state auditor may contract for 
 an annual audit by a certified public accountant.  The state 
 auditor may determine that an annual audit is not necessary, in 
 which case the state auditor shall develop a plan for 
 examination of unaudited relief associations, and shall 
 prescribe suitable systems of accounts and budgeting, and forms, 
 books, and instructions concerning the same. 


    Copies of the written report of the state auditor on the 
 financial condition and accounts of the relief association shall 
 be filed with the board of trustees of the relief association 
 and the governing body of the municipality associated with the 
 relief association.  If the report discloses malfeasance, 
 misfeasance, or nonfeasance with regard to relief association 
 funds, copies thereof shall be filed with the city attorney or 
 county attorney in the city or county in which the relief 
 association is located, and these officials of the law shall 
 institute proceedings, civil or criminal, as the law and public 
 interest require. 


    Subd. 2. Repealed, 1987 c 404 s 191 


    Subd. 3.    Report to commissioner of revenue.  The 
 state auditor shall file with the commissioner of revenue a 
 financial compliance report certifying for each relief 
 association: 


    (1) the completion of the annual financial report required 
 pursuant to section 69.051 and the auditing or certification of 
 those financial reports pursuant to subdivision 1; and 


    (2) the receipt of any actuarial valuations required 
 pursuant to section 69.77 or 69.773. 


    HIST: 1986 c 359 s 2