Sec. 7. The board shall annually analyze the fund’s:

(1) income and expenditures;

(2) actuarial condition;

(3) reserve accounts;

(4) investments; and

(5) such other data as necessary to interpret the fund’s condition and the board’s administration of the fund;

for internal control purposes.

[Pre-2006 Education Finance Recodification Citation: 21-6.1-3-6.1.]

As added by P.L.2-2006, SEC.28.