(a) The executive director shall make semiannual reports to the board showing the total amount of money on hand at the time of such report, all investments then held by the board and itemizing by classifications all receipts and disbursements since the last such semiannual report.
(b) The Chief Examiner of Public Accounts of the state is hereby authorized and directed to make an annual audit of the acts and affairs of the board for each fiscal year of the board and to make a complete report of the same to the Legislature of Alabama. The said audit shall cover all moneys received by the board and all expenditures made by the board during the period covered by the audit.
Structure Code of Alabama
Title 36 - Public Officers and Employees.
Chapter 21 - Law Enforcement Officers Generally.
Article 4 - Peace Officers' Annuity and Benefit Fund.
Section 36-21-60 - Definitions.
Section 36-21-68 - Eligibility for Membership; Application and Fees.
Section 36-21-69 - Receipt of Service Credit for Military Service, Etc.
Section 36-21-70 - Retirement Annuity.
Section 36-21-71 - Disability Benefits.
Section 36-21-72 - Death Benefits.
Section 36-21-73 - Appointment of Actuary; Action Upon Report; Liability for Deficiency in Payments.