Rhode Island § 42-64-38 § 42-64-38. Audit of the corporation.

Rhode Island Statutes

§ 42-64-38 — § 42-64-38. Audit of the corporation.

Rhode Island § 42-64-38

Title 42State Affairs and Government

Ch. 42-64Rhode Island Commerce Corporation

This text of Rhode Island § 42-64-38 (§ 42-64-38. Audit of the corporation.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 42-64-38 (2026).

Text

§ 42-64-38. Audit of the corporation.
(a) Commencing July 1, 2014, and every five (5) years thereafter, the corporation shall
            be subject to a performance audit, conducted in compliance with the generally accepted
            governmental auditing standards, by the office of internal audit and program integrity
            or a certified public accounting firm qualified in performance audits.
         
(b) If the audit is not directly performed by the office of internal audit and program
            integrity, the selection of the auditor and the scope of the audit shall be subject
            to the approval of the chief of the office of internal audit and program

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§ 42-64-38. Audit of the corporation.

(a) Commencing July 1, 2014, and every five (5) years thereafter, the corporation shall be subject to a performance audit, conducted in compliance with the generally accepted governmental auditing standards, by the office of internal audit and program integrity or a certified public accounting firm qualified in performance audits.

(b) If the audit is not directly performed by the office of internal audit and program integrity, the selection of the auditor and the scope of the audit shall be subject to the approval of the chief of the office of internal audit and program integrity.

(c) The audit shall be conducted in conformance with § 35-7-3(b) through (d) [repealed].

(d) The results of the audit shall be made public upon completion, posted on the websites of the office of internal audit and program integrity and the corporation.

(e) The corporation shall be responsible for all costs associated with the audit.