§ 1699-j. Audit and annual report. In conformity with the provisions of section five of article ten of the constitution, the accounts of the authority shall be subject to an annual management and financial audit performed by an independent certified accountant selected by the authority. The authority shall annually submit to the chair and ranking minority member of the senate finance committee and the chair and ranking minority member of the assembly ways and means committee a copy of this audit.

Terms Used In N.Y. Public Authorities Law 1699-J

  • Ranking minority member: The highest ranking (and usually longest serving) minority member of a committee or subcommittee.