§12-7-14. Exemption from certain requirements; audit.
In order to provide excellent investment opportunities and to
effectively implement the new millennium fund, the investment
activity and the new millennium fund activity provided by this
article shall be exempt from the bidding and public sale
requirements, from the approval of contractual agreements by the
department of finance and administration or the attorney general
and from the requirements of chapter five-a of this code. The
transactions provided by this article shall be subject to an annual
audit by an independent firm of certified public accountants.