11-11-181. Annual report by authority to Governor and Legislature.
122 words·~1 min read·
/sd/title-11/chapter-11-11/11-11-181·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The authority shall submit to the Governor and the Legislature within one hundred fifty days of the close of its fiscal year a complete and detailed report setting forth:
(1)Its operations and accomplishments;
(2)Its receipts and expenditures during the fiscal year in accordance with the categories or classifications established by the authority for its operating and capital outlay purposes;
(3)Its assets and liabilities at the end of its fiscal year, including a schedule of its mortgage loans and commitments and the status of reserve, special, or other funds; and
(4)A schedule of its notes and bonds outstanding at the end of its fiscal year, together with a statement of the amounts redeemed and incurred during the fiscal year.