The board shall at least once a year appoint an expert accountant or firm of accountants who shall make an examination in detail of all books and accounts of the board to cover the period since the preceding examination and make a full report in writing, under oath, to the board of its findings at the board's first meeting after completion of such report, a copy shall also be furnished the governing body of the municipality, and the same shall be spread upon the minutes of the board, but the same person or firm shall not be appointed or authorized to make such examination twice in succession. For this service said accountant shall be paid such reasonable and proper sum as may be agreed upon.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 50 - Public Utilities.
Article 15 - Electric Utility Boards.
Section 11-50-491 - Qualifications of Members.
Section 11-50-492 - Election of Members; Filling of Vacancies.
Section 11-50-494 - Chairman; Secretary.
Section 11-50-495 - Compensation.
Section 11-50-496 - Meetings; Record of Proceedings.
Section 11-50-497 - Powers and Duties Generally.
Section 11-50-498 - Impeachment and Removal.
Section 11-50-499 - Bonds of Officers and Employees.
Section 11-50-500 - Examination of Books and Accounts.
Section 11-50-501 - Annual Report.
Section 11-50-502 - Expenditures for New Construction, Additions, or Replacements.
Section 11-50-503 - Segregation and Withdrawal of Funds.
Section 11-50-504 - Deposit and Distribution of Money Received From Use of Electric System.
Section 11-50-505 - Bond or Securities of Depository.
Section 11-50-506 - Effect of Chapter on Existing Laws, Etc.