Illinois Compiled Statutes 50 ILCS 310 Governmental Account Audit Act. Section 11

    (50 ILCS 310/11) (from Ch. 85, par. 711)

    Sec. 11. The governing body of a governmental unit may establish an audit committee, and may appoint members of the corporate authority or other appropriate officers to the committee, to review audit reports prepared under this Act and any other financial reports and documents, including management letters prepared by or on behalf of the unit.

(Source: P.A. 82-644.)

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Last modified: February 18, 2015