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§ 11-505. Financial audit or review

West's Annotated Code of MarylandHuman ServicesEffective: October 1, 2007

West's Annotated Code of Maryland
Human Services (Refs & Annos)
Title 11. Maryland Legal Services Corporation (Refs & Annos)
Subtitle 5. Grantees (Refs & Annos)
Effective: October 1, 2007
MD Code, Human Services, § 11-505
§ 11-505. Financial audit or review
Currentness
Required
(a) Each year, the Corporation shall require:
(1) a financial audit by an independent certified public accountant of each grantee whose grant income from the Corporation in the most recently completed fiscal year was $50,000 or more; or
(2) a financial review by an independent certified public accountant of each grantee whose grant income from the Corporation in the most recently completed fiscal year was less than $50,000.
Report
(b) The report of each audit or review shall be:
(1) submitted to the Governor;
(2) made available to the Legislative Auditor; and
(3) kept for at least 5 years at the principal office of the Corporation.

Credits

Added by Acts 2007, c. 3, § 2, eff. Oct. 1, 2007.
MD Code, Human Services, § 11-505, MD HUMAN SERV § 11-505
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document