The GLA Audit Committee consisting of at least three members in good standing will review/audit on a quarterly basis the financial statements of the Association and such Audit Committee shall report the results of such review/audit to the GLA Board of Directors at the meeting of the Board of Directors immediately succeeding the completion of each quarterly review/audit. The intention of this quarterly audit is to spot check financial information for accuracy and provide recommendations to the Board of Directors of any corrective action that may be required. This purpose of this quarterly audit is not intended to take the place of any other type of association audit that may be required.
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