Independent program audit.

Mich. Comp. Laws § 125.2067, under MICHIGAN STRATEGIC FUND ACT.

Mich. Comp. Laws § 125.2067

Sec. 67. A certified minority venture capital company and a certified MESBIC shall have an independent program audit annually performed by a certified public accountant. The fund may visit and examine a certified minority venture capital company or a certified MESBIC and may delegate the authority to visit and examine to the commissioner of the financial institutions bureau.