Section 51-13-2030. Fiscal year; financial accounts, disbursements, and audits.

SC Code § 51-13-2030 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

The fiscal year of the commission is July 1 to June 30. The board may establish such accounts with banks, trust companies, and other financial institutions as it deems appropriate. Disbursements shall be made only in accordance with a specific authorization by the board or within a general budget approved by the board. There shall be an annual audit of accounts by an independent public accountant.

HISTORY: 1998 Act No. 273, Section 1, eff April 7, 1998.