Financial and performance audits or examinations of the alliance shall be conducted on a regular basis by the Superintendent. Reasonable costs of examinations or audits are to be paid by the alliance. After notice and opportunity for hearing, and for good cause shown, the Superintendent may impose conditions on licensure, or continued licensure to remedy compliance or performance problems; for example, the removal and replacement of managerial, marketing staff, or third-party contractors.
02-031 C.M.R. ch. 840, § 11