75-6-312. Meetings of governing body -- annual audit. The governing body of the authority shall meet as often as the needs of the authority require, but not less frequently than on a quarterly basis. The authority is subject to the provisions of Title 2, chapter 3, regarding open meeting laws and public participation. The governing body shall cause an annual audit of the financial records of the authority to be made. The cost of the audit must be paid by the authority. The authority is considered a local government entity for purposes of Title 2, chapter 7, part 5, and audits must comply with the provisions of that part.
History: En. Sec. 8, Ch. 498, L. 1999.
Structure Montana Code Annotated
Title 75. Environmental Protection
Chapter 6. Public Water Supplies, Distribution, and Treatment
Part 3. Regional Water and Wastewater Authority Act
75-6-303. Liberal construction
75-6-307. through 75-6-309 reserved
75-6-310. Declaration of authority organization -- when public body, corporate and politic
75-6-311. Governing body -- appointments -- terms of members -- voting rights
75-6-312. Meetings of governing body -- annual audit
75-6-313. Powers of governing body
75-6-314. through 75-6-319 reserved
75-6-321. Items included in cost of properties
75-6-323. Sinking fund for revenue bonds
75-6-325. Statutory mortgage lien
75-6-326. Rates, fees, and charges -- establishment and changes
75-6-327. Refunding revenue bonds