2014 Rhode Island General Laws
Title 42 - State Affairs and Government
Chapter 42-64 - Rhode Island Commerce Corporation
Section 42-64-38 - Audit of the corporation.
§ 42-64-38 Audit of the corporation. – (a) Commencing July 1, 2014, and every five (5) years thereafter, the corporation shall be subject to a performance audit, conducted in compliance with the generally accepted governmental auditing standards, by the bureau of audits or a certified public accounting firm qualified in performance audits.
(b) If the audit is not directly performed by his or her office, the selection of the auditor and the scope of the audit shall be subject to the approval of the chief of the bureau of audits.
(c) The audit shall be conducted in conformance with subsections 35-7-3(b) through (d).
(d) The results of the audit shall be made public upon completion, posted on the websites of the bureau of audits and the corporation.
(e) The corporation shall be responsible for all costs associated with the audit.
History of Section.
(P.L. 2013, ch. 243, § 5; P.L. 2013, ch. 490, § 5.)
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