85B.05 ACCOUNTS; AUDITS.
51 words·~1 min read·
/mn/chapter-85/85b-05A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
85B.05 ACCOUNTS; AUDITS.
The corporation may establish funds and accounts that it finds convenient. The board shall provide for and pay the cost of an independent annual audit of its official books and records by the state auditor. A copy of this audit shall be filed with the secretary of state.