2-7-516. Audit fees. (1) The compensation to the independent auditor for conducting an audit must be agreed upon by the governing body or managing or executive officer of the local government entity and the independent auditor and must be paid in the manner that other claims against the local government entity are paid.
(2) The compensation for an audit conducted by the department must be paid by the local government entity to the state treasurer and be deposited in an enterprise fund to the credit of the department.
History: En. 82-4524 by Sec. 10, Ch. 380, L. 1975; R.C.M. 1947, 82-4524; amd. Sec. 4, Ch. 573, L. 1981; amd. Sec. 3, Ch. 277, L. 1983; amd. Sec. 14, Ch. 489, L. 1991.
Structure Montana Code Annotated
Title 2. Government Structure and Administration
Chapter 7. Studies, Reports, and Audits
Part 5. Audits of Political Subdivisions
2-7-502. Short title -- purpose
2-7-503. Financial reports and audits of local government entities
2-7-505. Audit scope and standards
2-7-506. Audit by independent auditor
2-7-507. Duty of officers to aid in audit
2-7-508. Power to examine books and papers
2-7-509. Audits of school-related organizations -- costs -- criteria
2-7-511. Access to public accounts -- suspension of officer in case of discrepancy
2-7-512. Exit review conference
2-7-513. Content of audit report and financial report
2-7-514. Filing of audit report and financial report
2-7-515. Actions by governing bodies
2-7-516. Audit fees
2-7-517. Penalties -- rules to establish fine
2-7-523. Cause of action -- failure to file reports and audits or resolve findings