The accounts and records of the Foundation showing the receipt and disbursement of funds from whatever source derived shall be in such form as the Auditor of Public Accounts prescribes, provided that such accounts shall correspond as nearly as possible to the accounts and records for such matters maintained by similar enterprises. The accounts and records of the Foundation shall be subject to audit by the Auditor of Public Accounts or his legal representative as determined necessary by the Auditor of Public Accounts, and the costs of such audit services shall be borne by the Foundation. The Foundation's fiscal year shall be the same as the Commonwealth's.
1992, c. 426; 2018, cc. 57, 307.
Structure Code of Virginia
Chapter 10.2 - Virginia Land Conservation Foundation
§ 10.1-1017. Foundation created
§ 10.1-1019. Executive secretary; land management
§ 10.1-1020. Virginia Land Conservation Fund; purposes of Foundation
§ 10.1-1021. Powers of the Foundation
§ 10.1-1021.1. Geographic distribution of land protected
§ 10.1-1022. Expenditure of restricted funds
§ 10.1-1022.1. Expenditure of funds for natural area protection
§ 10.1-1023. Certain expenditures prohibited
§ 10.1-1024. Gifts and bequests to Foundation