The corporation board shall contract with a certified public accounting firm to do a financial and compliance audit of the corporation and any subsidiary annually in accordance with generally accepted accounting standards. A copy of this audit must be submitted to the chairs of the senate Finance and Economic Development and Housing Committees, and the house of representatives Appropriations and Economic Development Committees.
The corporation is subject to the auditing requirements under sections 3.971 and 3.972.
1987 c 386 art 2 s 14; 1989 c 335 art 1 s 175
Structure Minnesota Statutes
Chapters 116J - 116O — Economic Development And Planning
Chapter 116O — Enterprise Minnesota, Inc.
Section 116O.011 — Name Change.
Section 116O.02 — Definitions.
Section 116O.03 — Corporation; Board Of Directors; Powers.
Section 116O.04 — Corporate Personnel.
Section 116O.05 — Powers Of Corporation.
Section 116O.061 — Financial Assistance.
Section 116O.115 — Small Business Growth Acceleration Program.