3056a

All the moneys of the Authority shall be deposited in financial institutions qualified to receive funds from the Commonwealth of Puerto Rico Government. Such moneys shall be kept in one or several separate accounts in the name of the Authority. Disbursements shall be made in compliance with the regulations and budgets approved by the President of the Bank.The Comptroller of Puerto Rico or his/her representative, shall examine, from time to time, the books and accounts of the Authority, including its receipts, disbursements, contracts, leases, amortization funds, investments and any other matter issue regarding its financial condition and shall inform the President of the Bank thereon. History —June 10, 1974, No. 62, Part 1, p. 239, added as § 6 on Sept. 27, 1994, No. 112, § 5.