8. There may be established within a school district under full State intervention an internal audit team which shall monitor the business functions of the district and report its findings to the commissioner and any district personnel deemed appropriate by the commissioner. The cost of providing this internal audit function shall be borne by the State.
N.J. Stat. Ann. § 18A:7A-41
Internal audit team
Known as the School District Fiscal Accountability Act
The act spans §§ 18A:7A-10 to 18A:7A-60 (49 sections).
L.1987,c.399,s.8; amended 2005, c.235, s.15.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.