South Carolina Code of Laws
Chapter 24 - Joint Agency Act
Section 6-24-240. Annual report; audit.

At the close of each fiscal year, a joint agency shall submit an annual report of its activities for the preceding year to each member, including a complete operating and financial statement covering the operations of the joint agency during the year. The joint agency shall cause an audit of its books of record and accounts to be made at least once a year by a certified public accountant, and the cost of the audit may be treated as a part of the cost of construction of a project or otherwise as part of the expense of administration of a project covered by the audit.
HISTORY: 2003 Act No. 8, Section 2, eff April 21, 2003.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 6 - Local Government - Provisions Applicable to Special Purpose Districts and Other Political Subdivisions

Chapter 24 - Joint Agency Act

Section 6-24-10. Title.

Section 6-24-20. Definitions.

Section 6-24-30. Power to enter into agreements with other governmental entities.

Section 6-24-40. Creation of joint agency; finding of best interest; notice of adoption.

Section 6-24-50. Appointment of representatives; application to Secretary of State; issuance and legal effect of corporate certificate.

Section 6-24-60. Board of directors; election of officers; quorum; compensation.

Section 6-24-70. Additional governmental entities; withdrawal of members; modification of composition of board of directors; filing of notice.

Section 6-24-80. Dissolution.

Section 6-24-90. Executive committee.

Section 6-24-100. Rights and powers of joint agency.

Section 6-24-110. Contracts between joint agencies and governmental entities.

Section 6-24-120. Power to incur debt and enter into supply and financial management agreements.

Section 6-24-130. Assurance of payment of principal or interest on bonds.

Section 6-24-140. Issuance of bonds; use of proceeds.

Section 6-24-150. Trust agreements for issuance of bonds.

Section 6-24-160. Payment of bonds, expenses and other obligations; pledge and resulting lien.

Section 6-24-170. Investment of monies from bond.

Section 6-24-180. Enforcement of bonds.

Section 6-24-190. Bonds as investment securities.

Section 6-24-200. Investment in bonds by guardians and other fiduciaries.

Section 6-24-210. Bonds as special obligations; revenues pledged to payment.

Section 6-24-220. Issuance of refunding bonds.

Section 6-24-230. Rights of personnel.

Section 6-24-240. Annual report; audit.

Section 6-24-250. Contracts with federal and other state government agencies; grants and loans.

Section 6-24-260. Eminent domain.

Section 6-24-270. Immunity from personal liability.

Section 6-24-280. Relation of Chapter to existing laws.

Section 6-24-290. Construction.

Section 6-24-300. Limitation on retail sales of services.