247.957 Corporate system of accounts -- Audit.
53 words·~1 min read·
/ky/chapter-247/247-957A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Subject to the provisions of any contract with the holders of its bonds, the
corporation shall establish a system of accounts.
(2)The corporation may cause an independent audit of its books and accounts to be
prepared annually and the cost thereof may be paid from any available moneys of
the corporation.