§ 5032
70 words·~1 min read·
/ca/health-and-safety-code/5032A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A district issuing bonds shall install and maintain a proper system of accounts, showing the amount of revenue received and its application. The district shall at least once a year cause the accounts to be properly audited by a competent auditor. The report of the audit shall be open for inspection at all times by any taxpayer, user of the works, holder of bonds, or any representative of such person.