---
title: O.C.G.A. § 46-2A-1. Annual audit of affairs of electric utilities.
collection: code
id: 46-2A-1
cite_as: O.C.G.A. § 46-2A-1 (2025)
canonical_url: https://georgiacommons.org/code/46-2A-1
md_url: https://georgiacommons.org/code/46-2A-1.md
text_url: https://georgiacommons.org/code/46-2A-1/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t46-(v34)-2025-pdf.pdf?sfvrsn=48adb3c4_0#page=132
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Session of the General Assembly of Georgia
heading_path: PUBLIC UTILITIES AND PUBLIC TRANSPORTATION / ELECTRIC UTILITIES GENERALLY
---

# O.C.G.A. § 46-2A-1. Annual audit of affairs of electric utilities.

(a) Each electric utility shall provide for the appointment by its board of directors of an audit committee consisting solely of directors who are not officers or employees of the electric utility. Such audit committee shall make an annual examination into the affairs of the electric utility and report the result of such audit in writing to the board of directors at its next regular meeting.

(b) The report provided for in subsection (a) of this Code section shall state whether the electric utility is in a sound condition and whether adequate internal audit controls and procedures are being maintained and shall recommend to the board of directors such changes in the manner of conducting the affairs of the electric utility as shall be deemed advisable. The board of directors shall report in writing to the commission that such audit has been made and reviewed by the board of directors.

## History

Code 1933, § 93-1001, enacted by Ga. L. 1981, p. 121, § 7.