Annual financial statement.

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At least once each year the authority shall furnish the Governor, the Chairmen of the Senate Transportation Committee and the House of Representatives Ways and Means Committee and conspicuously post on the authority's Internet website, a complete detailed statement of all monies received and disbursed by the authority during the preceding year. Such statement also shall show the several sources from which such funds were received and the balance on hand at the time of publishing the statement and shall show the complete financial condition of the authority.

HISTORY: 1962 Code Section 54-63; 1952 Code Section 54-63; 1942 (42) 1535; 2009 Act No. 73, Section 5, eff June 16, 2009.

Effect of Amendment

The 2009 amendment substituted "furnish the Governor, the Chairmen of the Senate Transportation Committee, and the House of Representatives Ways and Means Committee, and conspicuously post on the authority's Internet website," for "publish once in some newspaper published in Charleston County" and made nonsubstantive changes throughout.


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