California Public Resources Code

§ 42424

PRC § 42424 Effective Jan 1, 2023Div. 30 · Part 3 · Ch. 7.5 · Art. 5

Statute text

(a)A program operator shall keep board minutes, books, and records that clearly reflect the activities and transactions of the program operator.

(b)A program operator shall retain, at the program operator’s expense, an independent public accountant, certified in the United States, to annually audit the accounting books of the program operator.

(c)The program operator shall include the audit in its annual report submitted pursuant to Section 42424.1, commencing within 18 months of plan approval by the department. The department shall review the audit for compliance with this chapter and consistency with the program operator’s stewardship plan. The department shall notify the program operator of any compliance issues or inconsistencies.

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Legislative history

Added by Stats. 2022, Ch. 351, Sec. 1. (AB 2440) Effective January 1, 2023.