Pub. Resources Code, § 42984.15 · Article 6. Records, Audits, and Reports
Pub. Resources Code, § 42984.15
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) A PRO shall keep board minutes, books, and records that clearly reflect the activities and transactions of the PRO.
(b) A PRO shall include in its plan a process by which the financial activities of the organization or individual producers that are related to implementation of the plan will be subject to an independent audit consistent with generally accepted accounting principles (GAAP), which shall be reviewed by the department.
(c) The department may audit the PRO or individual producer annually.
(d) Failure of a PRO or producer, or their respective agent who holds records, to produce documents or data that is requested by the department, required to be collected or generated to carry out operation of the plan in the form and manner determined by the department, as part of a department audit, or review of a third-party audit, constitutes a violation of this chapter.
Notes and commentary — not statutory text
History
Added by Stats. 2024, Ch. 864, Sec. 1. (SB 707) Effective January 1, 2025.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PRC§ionNum=42984.15.
- Text hash
- sha256 4a908f9aa52626278eb8fab41f03804a5b08474ebe8a73ac4d390f3e1d3bd67f
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.