{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/62.1-236.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/62.1-236.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/62.1-236.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/62.1-236.html"}],"law_id":78133,"edition_id":1,"section_id":78133,"structure_id":15447,"section_number":"62.1-236","catch_line":"Annual audit","history":"1987, c. 324.","full_text":"The Auditor of Public Accounts, or his legally authorized representatives, shall annually audit the accounts of the Authority, and the cost of such audit services as shall be required shall be borne by the Authority. 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. The Authority shall furnish copies of such audit to the Governor and to the Board.","order_by":null,"text":{"0":{"id":280079,"text":"The Auditor of Public Accounts, or his legally authorized representatives, shall annually audit the accounts of the Authority, and the cost of such audit services as shall be required shall be borne by the Authority. 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. The Authority shall furnish copies of such audit to the Governor and to the Board.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15447,"edition_id":1,"name":"Virginia Water Supply Revolving Fund","identifier":"23","label":"chapter","depth":2,"order_by":1,"parent_id":12909,"metadata":{},"date_created":"2026-06-26 03:55:06","date_modified":"2026-06-26 03:55:06","permalink":{"id":268871,"object_type":"structure","relational_id":15447,"identifier":"23","token":"62.1\/23","url":"\/62.1\/23\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12909,"edition_id":1,"name":"Waters of the State, Ports and Harbors","identifier":"62.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:00","date_modified":"2026-06-26 03:44:00","permalink":{"id":268199,"object_type":"structure","relational_id":12909,"identifier":"62.1","token":"62.1","url":"\/62.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":58855,"structure_id":15447,"section_number":"62.1-233","catch_line":"Definitions","url":"\/62.1-233\/","token":"62.1\/23\/62.1-233","metadata":false},{"id":81539,"structure_id":15447,"section_number":"62.1-234","catch_line":"Creation and management of Fund","url":"\/62.1-234\/","token":"62.1\/23\/62.1-234","metadata":false},{"id":82627,"structure_id":15447,"section_number":"62.1-235","catch_line":"Deposit of money; expenditures; investments","url":"\/62.1-235\/","token":"62.1\/23\/62.1-235","metadata":false},{"id":78133,"structure_id":15447,"section_number":"62.1-236","catch_line":"Annual audit","url":"\/62.1-236\/","token":"62.1\/23\/62.1-236","metadata":false},{"id":62440,"structure_id":15447,"section_number":"62.1-237","catch_line":"Collection of money due Fund","url":"\/62.1-237\/","token":"62.1\/23\/62.1-237","metadata":false},{"id":83409,"structure_id":15447,"section_number":"62.1-238","catch_line":"Loans to local governments or other entities","url":"\/62.1-238\/","token":"62.1\/23\/62.1-238","metadata":false},{"id":59444,"structure_id":15447,"section_number":"62.1-239","catch_line":"Grants","url":"\/62.1-239\/","token":"62.1\/23\/62.1-239","metadata":false},{"id":76136,"structure_id":15447,"section_number":"62.1-239.1","catch_line":"Loans, loan subsidies, and grants for regional projects, etc","url":"\/62.1-239.1\/","token":"62.1\/23\/62.1-239.1","metadata":false},{"id":60860,"structure_id":15447,"section_number":"62.1-240","catch_line":"Pledge of loans to secure bonds of Authority","url":"\/62.1-240\/","token":"62.1\/23\/62.1-240","metadata":false},{"id":59366,"structure_id":15447,"section_number":"62.1-240.1","catch_line":"Sale of loans","url":"\/62.1-240.1\/","token":"62.1\/23\/62.1-240.1","metadata":false},{"id":85016,"structure_id":15447,"section_number":"62.1-240.2","catch_line":"Powers of the Authority","url":"\/62.1-240.2\/","token":"62.1\/23\/62.1-240.2","metadata":false},{"id":58841,"structure_id":15447,"section_number":"62.1-241","catch_line":"Liberal construction of chapter","url":"\/62.1-241\/","token":"62.1\/23\/62.1-241","metadata":false}],"previous_section":{"id":82627,"structure_id":15447,"section_number":"62.1-235","catch_line":"Deposit of money; expenditures; investments","url":"\/62.1-235\/","token":"62.1\/23\/62.1-235","metadata":false},"next_section":{"id":62440,"structure_id":15447,"section_number":"62.1-237","catch_line":"Collection of money due Fund","url":"\/62.1-237\/","token":"62.1\/23\/62.1-237","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/62.1-236\/","history_text":"<p>This law was first created in 1987. The record of its establishment is cataloged in chapter 324 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 1987 \u201cActs\u201d aren\u2019t available online.<\/p>","references":false,"refers_to":false,"permalink":{"id":268885,"object_type":"law","relational_id":78133,"identifier":"62.1-236","token":"62.1\/23\/62.1-236","url":"\/62.1-236\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/62.1-236\/","token":"62.1\/23\/62.1-236","dublin_core":{"Title":"Annual audit","Type":"Text","Format":"text\/html","Identifier":"\u00a7 62.1-236","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The Auditor of Public Accounts, or his legally authorized representatives, shall annually audit the accounts of the <span class=\"dictionary\">Authority<\/span>, and the cost of such audit services as shall be required shall be borne by the <span class=\"dictionary\">Authority<\/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. The <span class=\"dictionary\">Authority<\/span> shall furnish copies of such audit to the Governor and to the <span class=\"dictionary\">Board<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nANNUAL AUDIT (\u00a7 62.1-236)\n\nThe Auditor of Public Accounts, or his legally authorized representatives, shall\nannually audit the accounts of the Authority, and the cost of such audit\nservices as shall be required shall be borne by the Authority. The audit shall\nbe performed 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. The Authority shall furnish copies of such audit to the Governor\nand to the Board.\n\nHISTORY: 1987, c. 324.","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}}