Article V - Committees
At the first meeting of the Board of Directors following the Annual meeting of members of the Association, an audit committee shall be elected. This committee shall be composed of three members, at least two of which must be members of the Board of Directors. This committee shall audit the financial records of the Association and report their findings to the Board of Directors annually.
The Board of Directors may create other committees to help carry out the business of the Association, and may specifically empower a committee to exercise the power of the Board, but this action shall not relieve the Board of any responsibilities imposed on it by these by-laws or by law.
Each committee shall consist of a Board member and as many Association members as required. The committees shall set their meeting times and places by a majority vote of their members, and an affirmative vote of a majority of committee members shall be required for passage of any resolution.