The audited financial statements required to be furnished for public inspection pursuant to Subdivision (c) of Section 18406 of the Financial Code shall include (a) the opinion of the independent accountant, (b) the balance sheet, profit and loss, and statement of source and application of funds and (c) all informative disclosures necessary to make the information contained in the opinion and financial statements not misleading. Information included in the annual audit report required pursuant to Section 18405(a) of the Financial Code which is not required by the foregoing may be omitted.
Cal. Code Regs. Tit. 10, § 40.1303
Note: Authority cited: Section 18347, Financial Code. Reference: Section 18406, Financial Code.