Rhode Island General Laws 16-32.1-8. Annual report and audit
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The research foundation shall submit to the board of trustees an audited report of its activities for the preceding fiscal year. The report shall set forth a complete operating and financial statement covering the research foundation operations during the preceding fiscal year. The research foundation shall cause an independent audit of its books and accounts to be made at least once each fiscal year.
History of Section.
P.L. 2007, ch. 232, § 1; P.L. 2019, ch. 88, art. 9, § 4.
Terms Used In Rhode Island General Laws 16-32.1-8
- 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.