§ 16-32.1-8. Annual report and audit.
The research foundation shall submit to the board of trustees an audited report of its activities for the preceding fiscal year. The report shall set forth a complete operating and financial statement covering the research foundation operations during the preceding fiscal year. The research foundation shall cause an independent audit of its books and accounts to be made at least once each fiscal year.
History of Section.P.L. 2007, ch. 232, § 1; P.L. 2019, ch. 88, art. 9, § 4.
Structure Rhode Island General Laws
Section 16-32.1-1. - Short title.
Section 16-32.1-2. - Creation and powers.
Section 16-32.1-3. - Additional powers.
Section 16-32.1-4. - Board of directors.
Section 16-32.1-5. - Meetings of the board of directors.
Section 16-32.1-6. - Use of university name.
Section 16-32.1-7. - Exemption from taxation.
Section 16-32.1-8. - Annual report and audit.
Section 16-32.1-9. - Chapter controlling over inconsistent provisions.
Section 16-32.1-10. - Construction with other statutes.