The chairs and chief executive officers of public corporations are responsible for the establishment and maintenance of a system or systems of internal accounting and administrative control within their respective corporations. This responsibility includes documenting the system, communicating system requirements to employees, and assuring that the system is functioning as prescribed and is modified, as appropriate, for changes in conditions.
R.I. Gen. Laws § 35-20-3
Corporation responsibilities
Known as the Public Corporation Financial Integrity and Accountability Act
The act spans §§ 35–35 (11 sections).
P.L. 1995, ch. 86, § 1.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.