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§ 695.20. Special audits--Filing of report

Oklahoma Statutes AnnotatedTitle 70. Schools

Oklahoma Statutes Annotated
Title 70. Schools (Refs & Annos)
Division III. Other School Laws
Chapter 8. Funds and Fiscal Affairs
Oklahoma Student Loan Act (Refs & Annos)
70 Okl.St.Ann. § 695.20
§ 695.20. Special audits--Filing of report
The State Auditor and Inspector shall perform a special audit on the Oklahoma Student Loan Authority during the fiscal year beginning July 1, 1992, and at least once each five (5) years thereafter. The State Auditor and Inspector shall have the power to take custody of any records necessary to the performance of the audit but shall minimize actual physical removal of or denial of access to such records. At the conclusion of the audit, the State Auditor and Inspector shall meet with the chief executive officer and the audit committee of the board of trustees of the Authority to review the audit report to be issued. The report, when issued, shall include any responses to the audit which the chief executive officer or the audit committee wishes to have included. The State Auditor and Inspector shall file the report with the Governor, the President Pro Tempore of the Senate, the Speaker of the House of Representatives, the chairs of the Education Committees of the Senate and the House of Representatives, and the Oklahoma State Regents for Higher Education. The costs of the audit shall be borne by the Authority.

Credits

Laws 1992, c. 188, § 1, eff. July 1, 1992.
70 Okl. St. Ann. § 695.20, OK ST T. 70 § 695.20
Current with emergency effective legislation through Chapter 378 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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