Common use of Establishment of Funds Clause in Contracts

Establishment of Funds. ‌‌ The Board shall establish and maintain such funds and accounts as may be required by generally accepted public agency accounting practices. The Authority shall maintain strict accountability of all funds and report of all receipts and disbursements of the Authority.

Establishment of Funds. ‌‌ The Board shall establish and maintain such funds and accounts as may be required by generally accepted public agency government accounting practices. The Authority Agency shall maintain strict accountability of all funds and report of all receipts and disbursements of the AuthorityAgency on no less than a quarterly basis.

Establishment of Funds. ‌‌ ‌ The Board shall establish and maintain such funds and accounts as may be required by generally accepted public agency accounting practices. The Authority Agency shall maintain strict accountability of all funds and report of all receipts and disbursements of the AuthorityAgency on no less than a quarterly basis.

Establishment of Funds. ‌‌ ‌‌‌ The Board shall establish and maintain such funds and accounts as may be required by generally accepted public agency accounting practices. The Authority shall maintain strict accountability of all funds and report of all receipts and disbursements of the Authority.