§ 5-2-301. Annual report and statement.  


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  • Each year the Board shall publish audited financial statements of the System, prepared in accordance with generally accepted accounting principles. As the Board considers it necessary, the Board may prepare a report according to related guidelines of a nationally recognized body such as the Government Finance Officer's Association.
    (1985 Code, Art. 7, § 2-301) (Bill No. 88-96; Bill No. 90-01)