§ 11-508. Required audits

MD Bus Occ & Prof Code § 11-508 (2019) (N/A)
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(a)    The Association shall submit to the Board:

(1)    an annual financial audit of payments to pilots under § 11-505 of this subtitle; and

(2)    an annual financial audit of the Maintenance and Replacement Fund under § 11-506 of this subtitle.

(b)    The Board shall keep copies of the financial audits received under subsection (a) of this section.