70:06:03:02.  Audits. Each state matching fund grantee shall meet all auditing requirements related to their primary federal transit grants. Each state matching fund grantee shall transmit to the department a copy of all audits performed by an independent certified public accountant for that grantee for each time period covered by state matching fund grants. Each state matching fund grantee shall permit auditors of the department to obtain and review all expenditure records related to state matching grants.

    Source: 19 SDR 155, effective April 11, 1993; 50 SDR 42, effective October 11, 2023.

    General Authority: SDCL 1-44-7.3.

    Law Implemented: SDCL 1-44-7.3.