In addition to the duties set forth elsewhere in this chapter, the Authority shall:
1. Keep records as are consistent with sound business practices and accounting records using generally accepted accounting practices;
2. Cause an audit by an independent certified public accountant to be made of accounts and transactions at the conclusion of each fiscal year;
3. Be subject to audit and examination at any reasonable time of its accounts and transactions by the Auditor of Public Accounts; and
4. Submit a detailed report of any activities and change in financial standing to the Governor and to the General Assembly.
1996, c. 1021, § 15.1-1700; 1997, c. 587; 2005, c. 633.
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