Indiana Code 25-26-22-9. Audit report; distribution; interest accrual
Indiana Code 25-26-22-2Terms Used In Indiana Code 25-26-22-9
(1) a final audit report must be distributed; and
(2) except when an audit finds that fraud, willful misrepresentation, or alleged serious abuse has occurred, at least thirty (30) days must elapse after the date on which the final audit report is distributed before the recoupment of funds exceeding ten thousand dollars ($10,000).
(c) Interest on funds described in subsection (b) does not accrue during the audit period.
As added by P.L.7-2009, SEC.1. Amended by P.L.159-2012, SEC.12.
