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NC S661
Bill
AI Summary
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State Auditor shall conduct an investigative audit of the Roanoke Island Commission and examine all funds received by Friends of Elizabeth II, Inc. from the Commission or any other State entity.
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Audit shall determine the balance of funds held by Friends, interest earned on those funds, expenditures, whether funds were used for their intended purposes, and whether transfers complied with law.
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Auditor shall review memorandums of agreement or similar arrangements between the Roanoke Island Commission and Friends, and make recommendations for what such agreements should contain.
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Auditor shall publish a report detailing all investigated issues, document summaries, interviews conducted, findings, and recommendations.
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Act becomes effective upon passage; ratified June 27, 2012.
Legislative Description
Audit Roanoke Island Commission and Friends
Last Action
Ch. SL 2012-87
6/28/2012