- (a) The Board shall pay the costs of each audit under this section only from money appropriated to the Board and approved for that purpose by the Board.
- (b) The institution shall reimburse the Board for the costs incurred in performing on site audits not later than the 30th day after the date the institution receives a statement of audit costs paid by the Board under this subsection.
- (c) No later than 30 days after the Board receives an audit report, a copy of the report shall be filed with the institution, the applicable university system, the State Auditor, and the Legislative Budget Board.
Source Note:The provisions of this §17.114 adopted to be effective August 15, 2004, 29 TexReg 7697.