California § 66540.54. 66540.54. (Amended by Stats. 2008, Ch. 179, Sec. 122.)

California Statutes

§ 66540.54. — 66540.54. (Amended by Stats. 2008, Ch. 179, Sec. 122.)

California § 66540.54.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Title 7.10.TITLE 7.10. SAN FRANCISCO BAY AREA WATER EMERGENCY TRANSPORTATION RESPONSE AND DISASTER RECOVERY ACT

Ch. 5.CHAPTER 5. Duties and Powers

Art. 4.ARTICLE 4. Funding

This text of California § 66540.54. (66540.54. (Amended by Stats. 2008, Ch. 179, Sec. 122.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Government Code - GOV Code § 66540.54. (2026).

Text

(a)The authority shall maintain accounting records and shall report accounting transactions in accordance with generally accepted accounting principles as adopted by the Governmental Accounting Standards Board (GASB) of the Financial Accounting Foundation for both public reporting purposes and for reporting of activities to the Controller.

(b)The authority shall contract with an independent certified public accountant for an annual audit of the financial records, books, and performance of the authority. The accountant shall submit a report of the audit to the board and the board shall make copies of the report available to the public and the appropriate policy and fiscal committees of the Legislature.

Free access — add to your briefcase to read the full text and ask questions with AI

(a)
The authority shall maintain accounting records and shall report accounting transactions in accordance with generally accepted accounting principles as adopted by the Governmental Accounting Standards Board (GASB) of the Financial Accounting Foundation for both public reporting purposes and for reporting of activities to the Controller.
(b)
The authority shall contract with an independent certified public accountant for an annual audit of the financial records, books, and performance of the authority. The accountant shall submit a report of the audit to the board and the board shall make copies of the report available to the public and the appropriate policy and fiscal committees of the Legislature.