AICPA Bylaw Section 340

3.4 Board of Directors

As amended
January 12, 1988

    .01    Between meetings of the Council, the activities of the Institute shall be directed by the Board of Directors, the composition of which shall be prescribed by the Council.

( See section 340R.)

            3.4.1 Powers

            The Board of Directors shall act as the executive committee of Council between meetings of Council, shall control and manage the property, business, and activities of the Institute, and shall take whatever action it deems desirable including the establishment of policies for the conduct of the affairs of the Institute consistent with the provisions of these bylaws, resolutions of the membership, or actions of the Council.

            3.4.2 Reports to Council

            The actions of the Board of Directors shall be reported to the Council at least semiannually.