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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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ECONOMIC DEVELOPMENT |
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DIVISION II. INDEPENDENT AND REGIONAL DEVELOPMENT UNITS AND RESOURCES |
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TITLE 10. STATEWIDE DEVELOPMENT RESOURCES AND REVENUE AUTHORITIES |
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SUBTITLE 2. MARYLAND FOOD CENTER AUTHORITY |
§ 10-227. Audits
Latest version.
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(a) Required. -- The Legislative Auditor:
(1) may conduct a fiscal and compliance audit of the accounts and transactions of the Authority yearly or every 2 years; and
(2) shall advise officials of the Authority whether the audit will be yearly or every 2 years.
(b) Cost. -- The Authority shall pay the cost of the fiscal part of the post audit examination.