The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
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This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
A. The commission shall cause an annual audit to be made of the conservation development fund, capital improvement fund and any bond proceeds, sinking, reserve or other operation fund established pursuant to this article. The audit shall be made by a certified public accountant within thirty days after the close of the fiscal year, and a certified copy of the audit shall be filed with the auditor general.
B. The auditor general may, if he deems it advisable, make such further audits and examinations as he deems necessary and take appropriate action in relation thereto as provided by title 41, chapter 7, article 10.1. Unless the auditor general takes official action within thirty days after filing of the audit, the audit shall be deemed sufficient.
C. The fees and expenses, if any, of the certified public accountant and of the auditor general for audits and examinations pursuant to this section shall be paid from the conservation development fund or the bond proceeds fund as directed by the commission.