On or before the tenth legislative day of each regular session of the Legislature, the authority shall make a report of its activities for the preceding calendar year to the Legislature. Each report shall set forth a complete operating and financial statement covering its operations during the year and shall contain a complete report of the engineers of the authority as to the physical condition of any project and shall include any recommendations made by such engineers. The authority shall cause an audit of its books and accounts to be made at least once in each year by certified public accountants and the cost thereof may be treated as a part of the cost of construction or of operation of the project.
Structure Code of Alabama
Title 23 - Highways, Roads, Bridges and Ferries.
Chapter 2 - Toll Roads, Bridges and Ferries.
Article 5 - Alabama Toll Road, Bridge and Tunnel Authority.
Section 23-2-140 - Short Title.
Section 23-2-141 - Intent and Purpose of Article.
Section 23-2-142 - Definitions.
Section 23-2-143 - Authority Established; Composition; Meetings; Fidelity Bonds; Compensation.
Section 23-2-144 - Powers of the Authority.
Section 23-2-147 - Bonds; Issuance; Forms; Procedures, Etc.
Section 23-2-148 - Refunding Bonds; Purposes.
Section 23-2-151 - Revenues Deemed Trust Funds; Depository Deemed Trustee.
Section 23-2-152 - Bondholder's and Trustee's Rights of Enforcement; Scope of Rights.
Section 23-2-155 - Authority to Maintain Own Toll Roads, Bridges, and Tunnels.
Section 23-2-157 - Lease, Grant, etc., of County, City, etc., Property to Authority.
Section 23-2-158 - Annual Report to Legislature; Contents; Annual Audit; Expense.
Section 23-2-159 - Conflict of Interest; Penalty.
Section 23-2-160 - Transfer of Projects to State Highway System.
Section 23-2-161 - Study of Proposed Projects; Reimbursement of Funds; Indebtedness.
Section 23-2-162 - Advertisement of Plans; Public Hearing.
Section 23-2-163 - Applicability to Existing Roadway Capacity.