Okla. Admin. Code § 785:50-9-44

Current through Vol. 42, No. 7, December 16, 2024

Section 785:50-9-44 - Accounting

Upon completion of the project a final accounting will be made to the Board. The final accounting shall provide:

(1) That an annual audit of the recipient, prepared by a certified public accountant or licensed public accountant be provided to the Board.

(2) That the recipient shall maintain adequate insurance coverage on the project in an amount adequate to protect the State's interest.

(3) That the recipient will comply with any special conditions specified by the Board's environmental determination until all financial obligations to the State have been discharged.

(4) That the recipient covenants to continually abide by the terms of the financial assistance agreement, the Board's rules and regulations, and relevant State statutes for operation and maintenance of the facility.

Okla. Admin. Code § 785:50-9-44

Added at 10 Ok Reg 3333, eff 7-1-93; Amended at 11 Ok Reg 3007, eff 6-13-94; Amended at 15 Ok Reg 2881, eff 7-1-98; Amended at 23 Ok Reg 3086, eff 7-27-06

Amended by Oklahoma Register, Volume 35, Issue 24, September 4, 2018, eff. 9/14/2018