Sec. 481.008. AUDIT. (a) The financial transactions of the office are subject to audit by:
(1) the state auditor in accordance with Chapter 321; or
(2) a private auditing firm.
(b) The state auditor shall inform the executive director when a financial audit of the office is not included in the audit plan for the state for a fiscal year. The executive director shall ensure that the office is audited under Subsection (a)(2) during those fiscal years.
Added by Acts 1989, 71st Leg., ch. 4, Sec. 3.01, eff. Sept. 1, 1989. Amended by Acts 1989, 71st Leg., ch. 584, Sec. 40, eff. Sept. 1, 1989; Acts 1991, 72nd Leg., ch. 599, Sec. 10, eff. Sept. 1, 1991; Acts 1997, 75th Leg., ch. 1041, Sec. 14, eff. Sept. 1, 1997; Acts 2003, 78th Leg., ch. 814, Sec. 1.12, eff. Sept. 1, 2003.
Structure Texas Statutes
Subtitle F - Commerce and Industrial Development
Chapter 481 - Texas Economic Development and Tourism Office
Subchapter A. General Provisions
Section 481.003. Sunset Provision
Section 481.0042. Conflict of Interest
Section 481.0045. Negotiated Rulemaking and Alternative Dispute Resolution Policy
Section 481.005. Executive Director; Duties
Section 481.0066. Aerospace and Aviation Office
Section 481.0067. Small Business Advocate
Section 481.0068. Office of Small Business Assistance
Section 481.00681. Office of Small Business Assistance Advisory Task Force
Section 481.0069. Spaceport Trust Fund