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New Jersey Statutes, Title: 18A, EDUCATION
Chapter 72b:
Section: 18A:72b-19: Maintenance of funds; audit of records
5. Funds received by an institution pursuant to this act shall be maintained in a separate ledger account. Each institution shall cause an audit of such account and of enrollment figures to be made annually by a certified public accountant and forwarded to the treasurer. The treasurer shall have the right to audit institutional records pertaining to this act. Each institution also shall furnish to the treasurer a copy of its audited annual financial statement.
L.1979,c.132,s.5; amended 1994,c.48,s.244; 1999,c.46,s.51.
This section added to the Rutgers Database: 2012-09-26 13:37:48.
Older versions of 18a:72b-19 (if available):
Court decisions that cite this statute:
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