South Carolina § 11-43-250 Annual report; audit of books and accounts.

South Carolina Statutes

§ 11-43-250 — Annual report; audit of books and accounts.

South Carolina § 11-43-250

Title 11PUBLIC FINANCE

Ch. 43SOUTH CAROLINA TRANSPORTATION INFRASTRUCTURE BANK ACT

This text of South Carolina § 11-43-250 (Annual report; audit of books and accounts.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 11-43-250 (2026).

Text

Following the close of each state fiscal year, the bank shall submit an annual report of its activities for the preceding year to the Governor and to the General Assembly. The bank also shall submit an annual report to the appropriate federal agency in accordance with requirements of any federal program. An independent certified public accountant shall perform an audit of the books and accounts of the bank at least once in each state fiscal year.

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Following the close of each state fiscal year, the bank shall submit an annual report of its activities for the preceding year to the Governor and to the General Assembly. The bank also shall submit an annual report to the appropriate federal agency in accordance with requirements of any federal program. An independent certified public accountant shall perform an audit of the books and accounts of the bank at least once in each state fiscal year.