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