02 NCAC 59C .0411 AUDIT OF PROJECTS
(a) The Commission shall require periodic audits for each grant project.
(b) The Commission shall require the applicant to have the audit prepared by a qualified independent auditor.
(c) In lieu of such audit, the Commission may accept any applicable audit by any other governmental unit.
History Note: Authority G.S. 106-840; 139‑4(d); 139‑56;
Eff. September 1, 1982;
Transferred from 15A NCAC 06C .0421 Eff. May 1, 2012;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. September 19, 2015.