180.210 Auditing of bonds and accounts.
103 words·~1 min read·
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The department may covenant in the contract for the sale of the bonds that at least twice a year after the bridges in the project are placed in operation, the department will cause audits of all bonds and accounts to be made by certified public accountants, showing the receipts and disbursements of bridge tolls, the purchase and redemption of bonds and the amounts deposited in banks and trust companies. Reports of such audits shall be open to the inspection of all persons interested and copies thereof shall be furnished the original purchasers of the bonds and the trustee provided for in KRS 180.220.