1997 Minnesota Statutes

     136F.526 Audits. 

    Each college and university shall be audited as provided by 
 board policy.  The policy shall be designed to ensure financial 
 integrity, necessary internal controls, and appropriate 
 accordance between board policies and campus expenditures.  The 
 college or university may arrange for any additional audits it 
 desires by contracting with the legislative auditor or a private 
 certified public accountant.  Nothing in this section shall 
 limit the authority of the legislative auditor to perform 
 selected scope audits or other duties of the office as provided 
 under section 3.971. 

    HIST: 1996 c 398 s 43