Indiana Statutes

§ 20-49-3-14 — Audits

Indiana·Title 20 EDUCATION·Art. 49 STATE MANAGEMENT OF COMMON SCHOOL·Ch. 3 State Administration of Common School Fund

The state board of accounts shall examine the status of the fund. Upon completion of the examination, the examiner performing the duty shall prepare a report of the examination. The report must show:

(1)all necessary pertinent information;
(2)the balance of the fund's principal at the close of the previous examination;
(3)the amount of interest and principal paid by each county to the state board of finance since the close of the previous examination;
(4)the balance of principal due at the date of the closing of the report;
(5)a statement of receipts and disbursements by the state board of finance;
(6)a list of the securities found to be in the possession of the state board of finance;
(7)the amount of each security; and
(8)the total amount of all the securities held in custody. Th

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Legislative History

As added by P.L.2-2006, SEC.172. Amended by P.L.181-2015, SEC.41.

Nearby Sections

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