Sec. 7. The board shall annually analyze the fund's: (1) income and expenditures; (2) actuarial condition; (3) reserve accounts; (4) investments; and (5) such other data as necessary to interpret the fund's condition and the board's administration of the fund; for internal control purposes. [Pre-2006 Education Finance Recodification Citation: 21-6.1-3-6.1.]
As added by P.L.2-2006, SEC.28.