{"data":{"id":"us-ky/krs-164a.365","jurisdiction":"us-ky","citation":"KRS 164A.365","heading":"Annual audited financial report to Governor, General Assembly, and","body":"State Auditor.\n(1) The board shall submit an annual audited financial report, prepared in accordance\nwith generally accepted accounting principles, on the operations of the savings pl an\ntrust by the first day of November to the Governor, the General Assembly, and the\nAuditor of Public Accounts. The annual audit shall be made by an independent\ncertified public accountant and shall include, but not be limited to,  direct and\nindirect costs attributable to the use of outside consultants, independent contractors,\nand any other persons who are not state employees.\n(2) The annual audit shall be supplemented by the following information prepared by\nthe board:\n(a) Any studies or evaluations prepared in the preceding year;\n(b) A summary of the benefits provided by the trusts including the number of\nparticipants and beneficiaries in the trust; and\n(c) Any other information which is relevant in order to make a full, fair, and\neffective disclosure o f the operations of the savings plan trust and the\nendowment trust.","path":["KRS Chapter 164A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=4570","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:19Z","sha256":"648ea1336b4547f1dc356c6f948abaad5c175901bc4f26cecca52947c7c4b1c3","source_id":"us-ky","stale":false,"prev":"us-ky/krs-164a.360","next":"us-ky/krs-164a.370"},"notice":"GroundRules: Original legal text. Not legal advice."}