88-530.01. Commission; additional financial documents required; when.
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/ne/chapter-88/88-530-01A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In addition to the reviewed fiscal year-end financial statement required by section 88-528 and to detect noncompliance with financial requirements established by the commission pursuant to section 88-530 , the commission shall, for good cause shown as determined by criteria set forth in commission rules and regulations, require
(1)a verified report of the total grain inventory or
(2)an audited financial statement. A verified report of grain inventory or audited financial statement shall be prepared in accordance with accounting principles generally accepted by a person or firm which holds a permit granted by the Nebraska State Board of Public Accountancy.