Sec. 11.206. AUDIT OF OFFICIAL NONPROFIT PARTNER

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(a) The official nonprofit partner shall be audited annually by an independent auditor. The partner shall file the audit with the commission.
(b) The official nonprofit partner's financial transactions involving and financial records relating to state money held by the nonprofit partner are subject to audit by the state auditor as provided in Section 321.013, Government Code.

Added by Acts 2001, 77th Leg., ch. 968, Sec. 27, eff. Sept. 1, 2001.

                    
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