Wisconsin § 25.165 - Internal auditor.
Full text of Wisconsin Wisconsin Statutes § 25.165 — Internal auditor., with citation guidance and answers to common questions.
§ 25.165. Internal auditor.
25.165(1) (1) There is created in the board an internal audit subunit, under the supervision of the internal auditor. The internal auditor shall report directly to the board and shall appoint all employees necessary to carry out the duties of the internal auditor. The internal auditor shall appoint all employees outside the classified service. The internal auditor shall fix the compensation of all employees appointed by the internal auditor, but the board may provide for bonus compensation to employees. 25.165(2) (2) The internal auditor may review any activity, information or investment of the board and have access to records of the board and any external party under contract with the board and shall do all of the following: 25.165(2)(a) (a) Plan and conduct audit activities, risk assessments, research projects and management reviews under the direction of the board and in accordance with policies, principles and directives determined by the board. 25.165(2)(b) (b) Coordinate and assist with external audits and reviews of the board. 25.165(2)(c) (c) Through periodic internal audits, monitor for compliance with applicable legal requirements and with the board’s contractual agreements any bank, savings and loan association, savings bank, or credit union with which the board has entered into a custodial agreement under s. 25.17 (11) ; any investment advisers with which the board has contracted to manage and control board assets under s. 25.18 (2) (e) ; and any other external parties with which the board has contracted to provide investment services to the board. 25.165 History History: 1995 a. 274 ; 1999 a. 9 , 83 , 186 ; 2011 a. 32 ; 2021 a. 177 .
Frequently Asked Questions About Wisconsin § 25.165
What does Wisconsin Statutes § 25.165 cover?
Section 25.165 ("Internal auditor.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. 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 Wisconsin § 25.165?
A common citation format is "Wisconsin Statutes § 25.165" (Wisconsin). 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 Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 25.165 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin 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 Wisconsin.