(a) The Chairman and Secretary, acting in behalf of the Authority, shall execute all bonds issued by the Authority and all contracts awarded by the Authority after approval of the form thereof by the Authority and the Attorney General.
(b) All invoices, bills and claims of whatever nature shall be subject to audit under provisions of the preaudit law and other laws relating to the disbursement of public funds.
Added by Laws 1959, p. 255, § 16, emerg. eff. June 27, 1959.