§ 53871. Financial Audit.

Each plan in a designated region shall have an annual audit performed by an independent certified public accountant in accordance with the provisions of section 53340, except that this audit shall be received by the department no later than 120 days after the close of the plan's fiscal year, or 180 days for public entities whose audits are conducted by a county grand jury.

HISTORY

1. New section filed 7-1-96 as an emergency; operative 7-1-96. Submitted to OAL for printing only pursuant to Section 147, SB 485 (Ch. 722/92) (Register 96, No. 28).

2. Repealer of section and Note and new section and Note filed 3-4-97; operative 3-4-97. Submitted to OAL for printing only pursuant to Section 147, SB 485 (Ch. 722/92) (Register 97, No. 10).

Note

Note: Authority cited: Sections 10725, 14105, 14124.5 and 14312, Welfare and Institutions Code. Reference: Sections 14087.3 and 14087.4, Welfare and Institutions Code.