Montana Code 17-6-321. Audits
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17-6-321. Audits. The board‘s books and records related to in-state investments must be audited once each fiscal year by or at the direction of the legislative auditor. The actual cost of this audit must be paid from the board’s funds.
Terms Used In Montana Code 17-6-321
- Board: means the board of investments created in 2-15-1808. See Montana Code 17-6-302
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.