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1539 — Puerto Rico Law | CourtGPT
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  3. Puerto Rico/
  4. Title Four - Judiciary (§§ 1-3 — 2166)/
  5. Part V - Correction and Parole/
  6. Chapter 87 - Employment and Training Enterprises Corporation § 1537a - Strategies for the Promotion, Marketing and Exhibition of Products and Services/
  7. 1539
Puerto Rico Legal Code

1539

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All the Corporation’s moneys that are covered into the Employment and Training Enterprises Corporation’s Fund and into the Correctional Fund, shall be deposited in recognized depositaries of Commonwealth Government Funds. Disbursements shall be made by the Corporation itself pursuant to the regulations and budgets that are approved.\nAfter consultation with the Secretary of the Treasury, the Corporation shall establish the accounting system that is required for an adequate control and registration of all expenses and income belonging to or administered or controlled by the corporation.\nThe Corporation shall establish an internal auditing system to examine the accounts, books, loans, income, disbursements, contracts, leases, accrued and invested funds, and any other matters related to its financial statement, and shall prepare a report with the results of the audit, at least once a year. A copy of this report shall be sent to the Governor, the Advisory Board, the Correctional Administration, the Juvenile Institutions Administration and the Legislature.\nHistory —Aug. 6, 1991, No. 47, § 20, eff. 30 days after Aug. 6, 1991.