State Codes and Statutes
Statutes > Maryland > Economic-development > Title-10 > Subtitle-2 > 10-227§ 10-227. Audits.
(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.
[An. Code 1957, art. 41, § 13-118; 2008, ch. 306, § 2.]
