Section 12. The state auditor shall make an audit of the accounts of each authority, in accordance with generally accepted government auditing standards, once every 3 years and as often as the state auditor determines is necessary and make a report thereon to the secretary, the governor and the general court. In making such audits, said auditor may call upon any of the departments, commissions, officers and agencies of the commonwealth for such information as may be needed in the course of making such audits. The state auditor may employ such auditors, accountants and other assistants as he deems necessary for carrying out his duties under this section, and chapter thirty-one and the rules made thereunder shall not apply to such employees. The commonwealth shall be reimbursed by the authority for the cost of the audit.
A copy of each biennial audit shall be provided to the chairs of the senate and house committees on ways and means and the senate and house chairs of the joint committee on bonding, capital expenditures and state assets.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 161b - Transportation Facilities, Highway Systems and Urban Development Plans
Section 2 - Transit Authorities Authorized; Territories; Powers, Duties and Liabilities
Section 4 - Administrator; Appointment; Tenure; Salary; Bond
Section 5 - Advisory Board; Members; Vote; Executive Committee; Meetings; Expenses
Section 6 - Powers of Authority
Section 8 - Limitations, Conditions, Obligations and Duties of Authority
Section 9a - Cape Cod Regional Transit Authority; Assessment Upon Member Cities and Towns
Section 12 - Audit; Report; Provision of Copies to Committee Chairs
Section 13 - Exemptions From Taxation and License Fees
Section 18 - Trust Agreement to Secure Bonds
Section 19 - Bonds Issued Under This Chapter; Authorized Investments; Use for Legal Deposits
Section 20 - Rights of Bondholders and Trustee; Enforcement Proceedings
Section 22 - Federal Assistance
Section 23 - Contract Assistance
Section 24 - Application of Other Laws
Section 25 - Direct Operation of Mass Transportation Service