Alabama § 41-9-717 Fiscal Records; Annual Audit; Bond of Certain Members, Etc., Required

Alabama Statutes

§ 41-9-717 — Fiscal Records; Annual Audit; Bond of Certain Members, Etc., Required

Alabama·Title 41 State Government·Ch. 9 Boards and Commissions·Art. 26 Alabama Indian Affairs Commission

(a)Fiscal records shall be kept by the executive director or his/her designee, and will be subject to annual audit by the state examiner of public accounts. The audit report will become a part of the annual report.

(b)Commission members or employees of the commission who are responsible for receiving and disbursing commission funds shall be bonded in an amount satisfactory to the commission, but not less than $50,000.00.

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(a) Fiscal records shall be kept by the executive director or his/her designee, and will be subject to annual audit by the state examiner of public accounts. The audit report will become a part of the annual report.
(b) Commission members or employees of the commission who are responsible for receiving and disbursing commission funds shall be bonded in an amount satisfactory to the commission, but not less than $50,000.00.

Alabama § 41-9-717 (Fiscal Records; Annual Audit; Bond of Certain Members, Etc., Required) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.