HRS §346C-7
Annual audits of the long-term care benefits fund
This section says the state auditor must check the long-term care benefits fund regularly and share the results. Audits happen yearly at first, then every three years, but the schedule can change later. The auditor must publish a report after each audit.
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The statute, as written — - 7] Annual audits of the long-term care benefits fund
The auditor shall conduct an audit of the long-term care benefits fund annually for the first three years from the date the fund first receives deposits, and every three years thereafter; provided that the auditor may modify the time periods after the first three years as appropriate to the circumstances. The auditor shall publish a report of the results of every audit, including any recommendations.
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