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Section 150104 Of Chapter 3. Administration From California Public Utilities Code >> Division 15.5. >> Chapter 3.

150104
. The authority shall do all of the following:
  (a) Adopt an annual budget.
  (b) Cause a postaudit of the financial transactions and records of the authority and of all revenues expended pursuant to this division to be made at least annually by a certified public accountant.
  (c) Do any and all things necessary to carry out the purposes of this division.