Pennsylvania Consolidated Statutes (Last Updated: January 27, 2015) |
Title68 REAL AND PERSONAL PROPERTY |
PARTII. REAL PROPERTY |
SUBPARTA. PRELIMINARY PROVISIONS |
CHAPTER21. LAND BANKS |
§2119. Annual audit and report.
Latest version.
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The following shall apply:
(1) The land bank shall annually, within 120 days after the end of the fiscal year, submit an audit of income and expenditures, together with a report of its activities for the preceding year, to the department.
(2) A duplicate of the audit and the report shall be filed with the governing body of:
(i) the land bank jurisdiction which created the land bank; and
(ii) each political subdivision which opted to participate in the land bank pursuant to an intergovernmental agreement.