Oklahoma § 60-301.9 - Annual audit
Full text of Oklahoma Oklahoma Statutes § 60-301.9 — Annual audit, with citation guidance and answers to common questions.
§ 60-301.9. Annual audit
Each year a charitable organization administering charitable
trusts shall have prepared a comprehensive annual audit conforming
to generally accepted accounting principles which is certified by an
independent certified public accounting firm. A copy of this annual
audit shall be delivered to the Oklahoma Banking Department within
ninety (90) days of receipt of the final audit report by the
charitable organization. The Oklahoma Banking Department shall
serve only as a depository of the annual audits received by it but
the audit reports shall be made available for inspection by the
public. Nothing in this provision shall be construed either to
authorize the Oklahoma Banking Department to exercise regulatory
authority over charitable organizations exercising the powers and
rights granted by this act or to create any duty on the Oklahoma
Banking Department to enforce any provision of this act, including
the obligation of a charitable organization to submit an annual
audit.
Added by Laws 1997, c. 99, § 10, emerg. eff. April 15, 1997.
Frequently Asked Questions About Oklahoma § 60-301.9
What does Oklahoma Statutes § 60-301.9 cover?
Section 60-301.9 ("Annual audit") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. 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 Oklahoma § 60-301.9?
A common citation format is "Oklahoma Statutes § 60-301.9" (Oklahoma). 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 Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 60-301.9 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma 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 Oklahoma.