                                 CODE OF VIRGINIA

FORMS OF ACCOUNTS AND RECORDS; AUDIT; ANNUAL REPORT (§ 2.2-2213)

The accounts and records of the Authority showing the receipt and disbursement
of funds from whatever source derived, shall be in a form prescribed by
governmental generally accepted accounting standards. Such accounts shall
correspond as nearly as possible to the accounts and records for such matters
maintained by enterprises.
		The accounts of the Authority shall be audited annually by a certified public
accounting firm selected by the Auditor of Public Accounts with the assistance
of the Authority through a process of competitive negotiation. The cost of such
audit and review shall be borne by the Authority.
		The Authority shall submit an annual report to the Governor and General
Assembly on or before November 1 of each year. Such report shall contain the
audited annual financial statements of the Authority for the year ending the
preceding June 30.

HISTORY: 1995, c. 758, § 9-266.17; 2001, c. 844; 2004, c. 650; 2012, cc. 779,
817.