The Board shall keep a correct account of all monies received and disbursed by the Board; and shall annually file a report with the State Fire Marshal at such time and in such form prescribed by the State Fire Marshal and the State Auditor. The Board shall be bonded by the sum of any money total for which it is responsible. The books, records, and operations of the Board shall be subject to the oversight of the State Auditor pursuant to Article 5A of Chapter 147 of the General Statutes.
N.C. Gen. Stat. § 58-88-15