Michigan Compiled Laws
Article 3 - (460.831...460.848)
Section 460.848 - Annual Audit.

Sec. 48.
The joint agency shall annually cause an audit of its books of records and accounts by a certified public accountant, and the cost of the audit may be treated as part of the cost of construction of a project or projects, or as part of the expense of administration of a project covered by the audit.
History: 1976, Act 448, Imd. Eff. Jan. 13, 1977

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 460 - Public Utilities

Act 448 of 1976 - Michigan Energy Employment Act of 1976 (460.801 - 460.848)

Article 3 - (460.831...460.848)

Section 460.831 - Joint Agency; Formation; Creation; Purpose; Determination of Best Interest.

Section 460.832 - Board of Commissioners; Appointment and Term of Commissioners.

Section 460.833 - Board of Commissioners; Officers; Record of Proceedings; Custody of Records, Documents, Minutes, and Seal; Copies; Certificate.

Section 460.833a - Records, Books, Documents, and Papers; Exclusion From Public Disclosure; Exception.

Section 460.834 - Joint Agency as Public Body Politic and Corporate; Essential Public Function; Articles of Incorporation; Amendments.

Section 460.835 - Board of Commissioners; Quorum; Effect of Vacancy; Action Authorized by Resolution; Expenses.

Section 460.836 - Other Municipality as Member of Joint Agency; Application; Resolution; Withdrawal.

Section 460.836a - Municipal Unit or Other Political Subdivision of Another State or Canadian Province as Member of Joint Agency; Rights, Privileges, and Obligations.

Section 460.837 - Joint Agency; Rights and Powers Generally.

Section 460.838 - Board of Commissioners; Retention of General Manager of Joint Agency; Policies; Retention of Independent Certified Public Accounting Firm; Rules.

Section 460.839 - General Manager as Chief Executive and Operating Officer of Joint Agency; Powers and Duties Generally.

Section 460.840 - Determining Future Power Requirements; Considerations.

Section 460.841 - Tax Levy Prohibited; Pledging Credit or Taxing Power; Financing Projects of Joint Agencies.

Section 460.842 - Bonds; Contractual Obligations; Resolution; Bonds Subject to Revised Municipal Finance Act; Contracts or Notes as to Moneys Advanced or Property Delivered; Contracts Pledging Full Faith and Credit of Municipality.

Section 460.842a - Violation of MCL 168.1 to 168.992 Applicable to Petitions; Penalties.

Section 460.843 - Contract for Purchase of Capacity and Output; Payments; Default; Furnishing Money, Personnel, Equipment, and Property; Advances or Contributions; Repayment.

Section 460.844 - Sale or Exchange of Excess Capacity or Output.

Section 460.845 - Eminent Domain.

Section 460.846 - Dissolution of Joint Agency; Resolution; Vesting of Title to Funds and Other Properties.

Section 460.847 - Annual Report.

Section 460.848 - Annual Audit.