The board of directors shall submit an annual audit report to the executive board within 90 days after the close of the fiscal year. The report shall include a financial statement detailing assets and liabilities, fiscal year budget, receipts, expenditures, encumbrances, fund balances, and organization.
S.D. Admin. R. 50:01:03:13
General Authority: SDCL 33-11A-3.
Law Implemented: SDCL 33-11A-4.