New York Statutes

§ 1276-C — Independent audit of authority

New York·Law PBA Public Authorities·Title 11 Metropolitan Commuter Transportation Authority·Art. 5 Public Utility Authorities
§ 1276-c. Independent audit of authority. The independent auditor\nretained by the authority shall not provide to the authority,\ncontemporaneously with the audit unless it shall have previously\nreceived written approval by the audit committee any non-audit service,\nincluding:\n 1. routine bookkeeping or other services;\n 2. financial information systems design and implementation;\n 3. appraisal or valuation services, fairness opinions, or\ncontribution-in-kind reports;\n 4. actuarial services;\n 5. outsourcing services;\n 6. authority management functions or human resources;\n 7. broker or dealer, investment advisor or investment banking\nservices;\n 8. legal services and expert services unrelated to the audit.\n

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