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12. <br /> <br />The state auditor may conduct an audit or investigation of any entity receiving fund~ from <br />the state directly under the contract or-indirectly through a subcontract under the contract. <br />A_cceptance of funds directly under the contract or indirectly through a subcontract under <br />this contract acts as acceptance of the authority of the state auditor, under the direction of <br />the legislative audit committee, to conduct an audit or investigation in connection with <br />those funds. <br /> <br />11 of 26 <br /> <br /> <br />