Pennsylvania Consolidated Statutes · § 2119 — Annual audit and report

The following shall apply: (1) The land bank shall annually, within 120 days after the end of the fiscal year, submit an audit of income and expenditures, together with a report of its activities for the preceding year, to the department. (2) A duplicate of the audit and the report shall be filed with the governing body of: (i) the land bank jurisdiction which created the land bank; and (ii) each political subdivision which opted to participate in the land bank pursuant to an intergovernmental agreement.