Ga. Comp. R. & Regs. R. 80-12-5-.01 - General Requirements for Accounting Procedures

An MALPB is required to maintain its books of account in accordance with generally accepted accounting principles, including, but not limited to, a complete and accurate account of: all of its assets, whether in its name or the name of another person or entity; all of its liabilities, its borrowings, and any security interests in its assets; and all of its income, expenses, capital gains, and losses.

Notes

Ga. Comp. R. & Regs. R. 80-12-5-.01

O.C.G.A. §§ 7-9-3, 7-9-13.

Original Rule entitled "General Requirements for Accounting Procedures" adopted. F. Dec. 3, 2013; eff. Dec. 23, 2013.