California Public Resources Code

§ 42984.15

PRC § 42984.15 Effective Jan 1, 2025Div. 30 · Part 3 · Ch. 20.5 · Art. 6

Statute text

(a)A PRO shall keep board minutes, books, and records that clearly reflect the activities and transactions of the PRO.

(b)A PRO shall include in its plan a process by which the financial activities of the organization or individual producers that are related to implementation of the plan will be subject to an independent audit consistent with generally accepted accounting principles (GAAP), which shall be reviewed by the department.

(c)The department may audit the PRO or individual producer annually.

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Legislative history

Added by Stats. 2024, Ch. 864, Sec. 1. (SB 707) Effective January 1, 2025.