The authority board shall provide for regular audits of the authority’s accounts and records and shall maintain accounting records and shall report accounting transactions in accordance with generally accepted accounting principles adopted by the Governmental Accounting Standards Board of the Financial Accounting Foundation for both public reporting purposes and for reporting of activities to the Controller.
Cal. Gov. Code § 64530
Financial Provisions
Known as the San Francisco Bay Area Regional Housing Finance Act
The act spans §§ 64500–64652 (40 sections).
Added by Stats. 2019, Ch. 598, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.