Indiana Code 8-1-30.8-6. Independent verification; results submitted to authority
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Sec. 6. (a) The results of:
(2) the audit performed by a water utility under section 5 of this chapter during each even-numbered calendar year after 2020;
(1) the audit performed by a water utility under section 5 of this chapter during calendar year 2020; and
Terms Used In Indiana Code 8-1-30.8-6
- authority: refers to the Indiana finance authority established by Indiana Code 8-1-30.8-1
- independent evaluator: means a person or entity that is qualified to assess the accuracy or validity of methodology or results of an audit under this chapter. See Indiana Code 8-1-30.8-2.2
- Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5
- water utility: means :
Indiana Code 8-1-30.8-4
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
must be verified by an independent evaluator who is not employed by the water utility except for purposes of the evaluation of audits under this section.
(b) The results of an audit performed by a water utility under section 5 of this chapter during an even-numbered calendar year, as verified by an independent evaluator under subsection (a), must be submitted to the authority by August 1 of the year during which the audit is performed.
As added by P.L.15-2019, SEC.7.