§8-19-15. System of accounts; audit.
Any municipality or county commission operating a waterworks
or electric power system under the provisions of this article shall
set up and maintain a proper system of accounts in accordance with
the requirements of the public service commission, showing the
amount of revenues received from such waterworks or electric power
system and the application of the same. At least once each year
such municipality or county commission shall cause such accounts to
be properly audited, and a report of such audit shall be open to
the public for inspection at all reasonable times.