South Carolina Statutes
§ 49-7-120 — Fiscal year; audits; annual reports.
The Authority shall conduct its affairs on the fiscal year basis employed by the State, viz., its fiscal year shall begin on July first of each year and shall end on June thirtieth of the succeeding year. As shortly after the close of its fiscal year as may be practicable, an audit of its affairs shall be made by certified public accountants of good standing, to be designated by the Authority. Copies of such audits, incorporated into an annual report of the Authority, shall be filed with the treasurer of Berkeley County, the clerk of the city council of Charleston, in the offices of the clerks of court for Berkeley and Charleston Counties, and with the Secretary of State.
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Legislative History
HISTORY: 1962 Code SECTION 70-402; 1953 (48) 464.
Nearby Sections
15
§ 49-7-110
Property exempt from taxes.§ 49-7-120
Fiscal year; audits; annual reports.§ 49-7-130
Unlawful acts; penalties.§ 49-7-140
Disposition of revenues.§ 49-7-150
Contracts with municipalities, public bodies and public agencies operating water district systems.§ 49-7-40
Officers of Authority.§ 49-7-70
Powers of Authority.