Tennessee § 64-7-107 - Reporting and auditing.
Full text of Tennessee Tennessee Code Annotated § 64-7-107 — Reporting and auditing., with citation guidance and answers to common questions.
§ 64-7-107. Reporting and auditing.
The regional council shall prepare an annual report of its activities through June 30 of each year and submit a copy of the report to the governor, the general assembly and the commissioner of finance and administration. The annual reports and all books of accounts and financial records of all funds received by grant, contract or otherwise from state, local or federal sources shall be subject to audit annually by the comptroller of the treasury. The audit may be performed by a licensed independent public accountant selected by the regional council and approved by the comptroller of the treasury. The cost of any audit shall be paid by the regional council. The comptroller of the treasury shall ensure that audits are prepared in accordance with generally accepted governmental auditing standards and determine if the audits meet minimum audit standards prescribed by the comptroller. No audit may be accepted as meeting the requirements of this section until approved by the comptroller of the treasury. All audits shall be completed as soon as practicable after the end of the fiscal year of the regional council. One (1) copy of each audit shall be furnished to each member of the regional council and the comptroller of the treasury. Copies of each audit shall also be made available to the press. All audits performed by the internal staff of the regional council shall be conducted in accordance with the standards established by the comptroller pursuant to § 4-3-304(9). Acts 1988, ch. 886, § 1. Cross-References. Reporting requirement satisfied by notice to general assembly members of publication of report, § 3-1-114 .
Frequently Asked Questions About Tennessee § 64-7-107
What does Tennessee Code Annotated § 64-7-107 cover?
Section 64-7-107 ("Reporting and auditing.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. 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 Tennessee § 64-7-107?
A common citation format is "Tennessee Code Annotated § 64-7-107" (Tennessee). 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 Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 64-7-107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee 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 Tennessee.