{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/36-144.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/36-144.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/36-144.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/36-144.html"}],"law_id":70705,"edition_id":1,"section_id":70705,"structure_id":16156,"section_number":"36-144","catch_line":"Annual audit","history":"1988, c. 687; 2013, c. 754.","full_text":"An independent certified public accountant selected by the HDA, shall annually audit the accounts of any portion of the Fund transferred to the control of the HDA, and the cost of such audit services shall be borne by the HDA and be paid from moneys designated for such purposes in the Fund. The audit shall be performed at least each fiscal year, in accordance with generally accepted auditing standards and, accordingly, include such tests of the accounting records and such auditing procedures as considered necessary under the circumstances. Such audit shall be reviewed by the Auditor of Public Accounts. The HDA shall furnish copies of the audit to the Governor and to the Board.","order_by":null,"text":{"0":{"id":255070,"text":"An independent certified public accountant selected by the HDA, shall annually audit the accounts of any portion of the Fund transferred to the control of the HDA, and the cost of such audit services shall be borne by the HDA and be paid from moneys designated for such purposes in the Fund. The audit shall be performed at least each fiscal year, in accordance with generally accepted auditing standards and, accordingly, include such tests of the accounting records and such auditing procedures as considered necessary under the circumstances. Such audit shall be reviewed by the Auditor of Public Accounts. The HDA shall furnish copies of the audit to the Governor and to the Board.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":16156,"edition_id":1,"name":"Virginia Housing Trust Fund","identifier":"9","label":"chapter","depth":2,"order_by":1,"parent_id":12779,"metadata":{},"date_created":"2026-06-26 04:07:34","date_modified":"2026-06-26 04:07:34","permalink":{"id":209623,"object_type":"structure","relational_id":16156,"identifier":"9","token":"36\/9","url":"\/36\/9\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12779,"edition_id":1,"name":"Housing","identifier":"36","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:52","date_modified":"2026-06-26 03:43:52","permalink":{"id":208257,"object_type":"structure","relational_id":12779,"identifier":"36","token":"36","url":"\/36\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":84587,"structure_id":16156,"section_number":"36-141","catch_line":"Definitions","url":"\/36-141\/","token":"36\/9\/36-141","metadata":false},{"id":65302,"structure_id":16156,"section_number":"36-142","catch_line":"(Effective until January 1, 2026) Creation and management of Fund","url":"\/36-142\/","token":"36\/9\/36-142","metadata":false},{"id":64185,"structure_id":16156,"section_number":"36-143","catch_line":"Deposit of money; expenditures; investments","url":"\/36-143\/","token":"36\/9\/36-143","metadata":false},{"id":70705,"structure_id":16156,"section_number":"36-144","catch_line":"Annual audit","url":"\/36-144\/","token":"36\/9\/36-144","metadata":false},{"id":82811,"structure_id":16156,"section_number":"36-145","catch_line":"Collection of money due Fund","url":"\/36-145\/","token":"36\/9\/36-145","metadata":false},{"id":68749,"structure_id":16156,"section_number":"36-146","catch_line":"Loans","url":"\/36-146\/","token":"36\/9\/36-146","metadata":false},{"id":85588,"structure_id":16156,"section_number":"36-147","catch_line":"Grants","url":"\/36-147\/","token":"36\/9\/36-147","metadata":false},{"id":69760,"structure_id":16156,"section_number":"36-148","catch_line":"Pledge of assets to secure bonds of the HDA","url":"\/36-148\/","token":"36\/9\/36-148","metadata":false},{"id":69687,"structure_id":16156,"section_number":"36-148.1","catch_line":"Authorization of funding from HDA","url":"\/36-148.1\/","token":"36\/9\/36-148.1","metadata":false},{"id":69411,"structure_id":16156,"section_number":"36-149","catch_line":"Formation of corporation","url":"\/36-149\/","token":"36\/9\/36-149","metadata":false},{"id":72628,"structure_id":16156,"section_number":"36-150","catch_line":"(Effective January 1, 2026) Reports","url":"\/36-150\/","token":"36\/9\/36-150","metadata":false},{"id":80459,"structure_id":16156,"section_number":"36-151","catch_line":"Liberal construction of chapter","url":"\/36-151\/","token":"36\/9\/36-151","metadata":false}],"previous_section":{"id":64185,"structure_id":16156,"section_number":"36-143","catch_line":"Deposit of money; expenditures; investments","url":"\/36-143\/","token":"36\/9\/36-143","metadata":false},"next_section":{"id":82811,"structure_id":16156,"section_number":"36-145","catch_line":"Collection of money due Fund","url":"\/36-145\/","token":"36\/9\/36-145","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/36-144\/","history_text":"

This law was first created in 1988. The record of its establishment is cataloged in chapter 687 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1988 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2013, chapter 754<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":209637,"object_type":"law","relational_id":70705,"identifier":"36-144","token":"36\/9\/36-144","url":"\/36-144\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/36-144\/","token":"36\/9\/36-144","dublin_core":{"Title":"Annual audit","Type":"Text","Format":"text\/html","Identifier":"\u00a7 36-144","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

An independent certified public accountant selected by the HDA<\/span>, shall annually audit the accounts of any portion of the Fund<\/span> transferred to the control of the HDA<\/span>, and the cost of such audit services shall be borne by the HDA<\/span> and be paid from moneys designated for such purposes in the Fund<\/span>. The audit shall be performed at least each fiscal year, in accordance with generally accepted auditing standards and, accordingly, include such tests of the accounting records and such auditing procedures as considered necessary under the circumstances. Such audit shall be reviewed by the Auditor of Public Accounts. The HDA<\/span> shall furnish copies of the audit to the Governor and to the Board<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nANNUAL AUDIT (\u00a7 36-144)\n\nAn independent certified public accountant selected by the HDA, shall annually\naudit the accounts of any portion of the Fund transferred to the control of the\nHDA, and the cost of such audit services shall be borne by the HDA and be paid\nfrom moneys designated for such purposes in the Fund. The audit shall be\nperformed at least each fiscal year, in accordance with generally accepted\nauditing standards and, accordingly, include such tests of the accounting\nrecords and such auditing procedures as considered necessary under the\ncircumstances. Such audit shall be reviewed by the Auditor of Public Accounts.\nThe HDA shall furnish copies of the audit to the Governor and to the Board.\n\nHISTORY: 1988, c. 687; 2013, c. 754.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}