Arkansas § 6-50-809 - Accounts — Report — Audit.
Full text of Arkansas Arkansas Code of 1987 Annotated § 6-50-809 — Accounts — Report — Audit., with citation guidance and answers to common questions.
§ 6-50-809. Accounts — Report — Audit.
The board of directors of a workforce development center authority: Shall deposit the funds received by the workforce development center authority into bank accounts as determined by the board of directors; and May withdraw funds from the bank accounts as determined by the board of directors. Each workforce development center authority shall: Keep strict account of all of its receipts and expenditures; and Make a report each quarter to the governing bodies of each sponsor. The report shall contain an itemized account of the workforce development center authority's receipts and disbursements during the preceding quarter. The report shall be made within sixty (60) days after the end of the quarter. Within sixty (60) days after the end of each fiscal year, each workforce development center authority shall cause an annual audit to be made by an independent certified public accountant. Each workforce development center authority shall file a copy of the resulting audit report with the governing bodies of each sponsor. The audit shall contain an itemized statement of the workforce development center authority's receipts and disbursements for the preceding year. The books, records, and accounts of each workforce development center authority shall be subject to audit and examination by any proper public official or body in the manner provided by law.
Frequently Asked Questions About Arkansas § 6-50-809
What does Arkansas Code of 1987 Annotated § 6-50-809 cover?
Section 6-50-809 ("Accounts — Report — Audit.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 6-50-809?
A common citation format is "Arkansas Code of 1987 Annotated § 6-50-809" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 6-50-809 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.