The board shall provide for annual audits of the agency’s general administration, accounts, and records, 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 § 64730
Financial Provisions
Known as the Los Angeles County Regional Housing Finance Act
The act spans §§ 64700–64832 (48 sections).
Added by Stats. 2022, Ch. 661, 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.