New Jersey Statutes 27:25-33. Audit
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Terms Used In New Jersey Statutes 27:25-33
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
The board shall cause an annual audit to be made of this program and shall, if not conducted by the corporation, employ a recognized accounting firm for that purpose. The expenses of conducting the audit shall be considered as part of the cost of the general administration of the program, pursuant to subsection a.(2) of section 7 of this act.
L.1983, c. 578, s. 9, eff. Jan. 17, 1984.