The Vermont Statutes Online

Title 29: Public Property and Supplies

Chapter 16: VERMONT TRANSPORTATION AUTHORITY

Sub-Chapter 03: Powers And Duties

29 V.S.A. § 735. Annual report; audit



§ 735. Annual report; audit

(a) The authority shall cause an audit of its books and accounts to be made at least once in each year by certified public accountants; the cost shall be considered an expense of the authority and a copy shall be filed with the state treasurer.

(b) The auditor of accounts of the state and his duly authorized representatives may at any time examine the accounts and books of the authority including its receipts, disbursements, contracts, sinking funds, investments and any other matters relating to its financial statement. (Added 1973, No. 14, § 2, eff. Feb. 23, 1973; amended 2001, No. 63, § 264d; 2003, No. 160 (Adj. Sess.), § 53, eff. June 9, 2004.)