CHAPTER 322

AN ACT TO AMEND SECTION 2906, TITLE 29, DELAWARE CODE, RELATING TO QUARTERLY AUDITS OF THE OFFICE OF THE STATE TREASURER.

Be it enacted by the General Assembly of the State of Delaware:

Section 1. Section 2906, Title 29, Delaware Code, is amended by adding a new paragraph thereto as follows:

At least quarterly during each fiscal year, the Auditor of Accounts shall arrange for an audit to determine that the books and records maintained by the office of the State Treasurer are kept in accordance with generally accepted accounting principles and are reconciled with the various bank accounts. In conjunction therewith, the Auditor of Accounts shall reconcile the records maintained by the office of the State Treasurer with the fund balances maintained and reported by the Budget Director.

Approved June 21, 1968.