Each participating institution shall provide the board an annual report by an internal or independent auditor regarding compliance with program rules. Reports are due by April 15 each year for institutions on annual audit schedules; every other April 15 for institutions on biannual audit cycles. Biannual reports must cover operations for the prior two years.

Source Note:The provisions of this §22.28 adopted to be effective September 8, 1997, 22 TexReg 8542.