The board shall conduct an annual audit of the fund for the fiscal year ending the preceding June thirtieth.
Terms Used In North Dakota Code 15-39.1-22
- 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.
- year: means twelve consecutive months. See North Dakota Code 1-01-33