Section 273.501 - Annual Financial Statement(a) Not later than April 1 of each year, the board shall submit to the commissioner an audited financial statement for the preceding calendar year, prepared in accordance with consistently applied generally accepted accounting principles.(b) An independent certified public accountant must certify the financial statement.(c) The commissioner may require additional necessary information. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.