1.3.7 Audit Committee

The Audit Committee shall meet from time to time to select an accountant or firm of accountants to audit the financial operations of the Foundation and review the audit of the Foundation. A majority of the Committee shall consist of elected Trustees who are not also members of the Finance and Compensation Committee. Notwithstanding anything in the Bylaws to the contrary, employees of the Foundation or the Board of Regents shall not be eligible to serve on the Committee, and no member of the Finance and Compensation Committee shall serve as its chair.

Last Updated on June 21, 2019