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Illinois Statutes Chapter 5. General Provisions § 810/15. Fund audits

Current as of January 01, 2025 | Updated by Findlaw Staff

§ 15. Fund audits.

(a) The Auditor General shall conduct, as a part of its 2-year compliance audit, an audit of the State Asset Forfeiture Fund for compliance with the requirements of this Act. The audit shall include, but not be limited to, the following determinations:

(1) if detailed records of all receipts and disbursements from the State Asset Forfeiture Fund are being maintained;

(2) if administrative costs charged to the fund are adequately documented and are reasonable; and

(3) if the procedures for making disbursements under the Act are adequate.

(b) The Illinois State Police, and any other entity or person that may have information relevant to the audit, shall cooperate fully and promptly with the Office of the Auditor General in conducting the audit. The Auditor General shall begin the audit during the next regular 2-year compliance audit of the Illinois State Police and distribute the report upon completion under Section 3-14 of the Illinois State Auditing Act.

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Cite this article: FindLaw.com - Illinois Statutes Chapter 5. General Provisions § 810/15. Fund audits - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-5-general-provisions/il-st-sect-5-810-15/

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