South Carolina Statutes
§ 6-24-240 — Annual report; audit.
South Carolina·Title 6 LOCAL GOVERNMENT—PROVISIONS APPLICABLE TO SPECIAL PURPOSE DISTRICTS AND OTHER POLITICAL SUBDIVISIONS·Ch. 24 JOINT AGENCY ACT
At the close of each fiscal year, a joint agency shall submit an annual report of its activities for the preceding year to each member, including a complete operating and financial statement covering the operations of the joint agency during the year. The joint agency shall cause an audit of its books of record and accounts to be made at least once a year by a certified public accountant, and the cost of the audit may be treated as a part of the cost of construction of a project or otherwise as part of the expense of administration of a project covered by the audit.
Free access — add to your briefcase to read the full text and ask questions with AI
South Carolina § 6-24-240 (Annual report; audit.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2003 Act No. 8, SECTION 2, eff April 21, 2003.
Nearby Sections
15
§ 6-24-10
Title.§ 6-24-100
Rights and powers of joint agency.§ 6-24-140
Issuance of bonds; use of proceeds.§ 6-24-150
Trust agreements for issuance of bonds.§ 6-24-170
Investment of monies from bond.§ 6-24-180
Enforcement of bonds.§ 6-24-190
Bonds as investment securities.§ 6-24-20
Definitions.§ 6-24-220
Issuance of refunding bonds.