Section 42 – Audit Committee

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AUDIT COMMITTEE: The Audit Committee shall be composed of three (3) to five (5)

42.4A  The President shall consider the qualifications of those desiring to serve on the                               Audit Committee prior to appointing them.  However, the past Treasurer shall not  serve on the Audit Committee.

42.4A(i)  If there is no one qualified to serve on the Audit Committee, the BOD  shall initiate and outside audit for each year of the Treasurer’s term.

42.4A(ii)  No BOD’s or immediate family members shall serve on the committee;  however, the treasurer shall be present, as requested by the committee, for the purpose of answering committee questions.

42.4B  The committee shall commence their duties upon the election of a Treasurer.

42.4C  Their mission is to do a detailed review of the past year’s books and Treasurer’s                             reports.  Upon completion of their audit the results shall be written and reported to the BOD.  The BOD and Audit Committee shall then call for a special meeting of  the membership for the purpose of reporting the audit results to the membership.

42.4D  No less than two (2) weeks prior to the special meeting, the audit results and report  shall be mailed to each club member.

42.4E   Upon the review of the report at the special meeting, and the answering of the  membership’s questions, the membership shall vote to accept or reject the report.

42.4E (i)   Should the membership refuse to accept the report as satisfactory:  the BOD shall require the assistance of an outside CPA to complete the audit.

42.4F   However, upon the completion of the special meeting, the committee’s mission is                           complete for that year’s books.

42.4G  At the start of the second year of the treasurer’s term the Audit Committee shall                            once again resume their duties of performing ad detailed review of the previous  year’s books.

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Forty Acre Club
Telephone: (636) 629-0050
104 Ridge Acres Loop Rd.
Lonedell, Missouri 63060United States

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The Forty Acre Club, nicknamed “America’s Gateway Family Nudist Club” for its proximity to the famous Gateway Arch, is a friendly club for couples and families located on 80 acres of Missouri woodlands approximately 45 miles southwest of St. Louis