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Constitution - Teamsters Local 399

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ART. VII, SEC. 7<br />

Executive Board at least once between Conventions by<br />

an International Union Auditor, or by a Chartered or<br />

Certified Public Accountant, as directed by the General<br />

Executive Board, under the supervision of the General<br />

Secretary-Treasurer. For that purpose, the General Secretary-Treasurer<br />

shall appoint International Auditors,<br />

and their salaries, per diem, and expenses shall be fixed<br />

in accordance with the provisions of Article V, Section<br />

1(d), (e), and (g) the number of such Auditors to be determined<br />

by the General Executive Board. The General<br />

Secretary-Treasurer, when he deems it for the best interest<br />

of the International Union, is hereby empowered to<br />

remove any International Auditor with the approval of a<br />

majority of the General Executive Board.<br />

(b). All subordinate bodies and joint operations,<br />

whether they be within this International Union or with<br />

other international unions, which receive any donations,<br />

advances, matching funds, or special payments of any<br />

nature from the International Union shall keep full financial<br />

records respecting same and the manner in which<br />

they are expended.<br />

The books of every subordinate body shall be audited<br />

by a Chartered or Certified Public Accountant at least once<br />

a year. The books of joint organizing funds may be audited<br />

by a Chartered or Certified Public Accountant at the discretion<br />

of the General Secretary-Treasurer. Copies of all<br />

annual or terminal audit reports, whether prepared by an<br />

International Auditor or a Chartered or Certified Public<br />

Accountant, shall be forwarded to the General Secretary-<br />

Treasurer. Also, all subordinate bodies must send to the<br />

General Secretary-Treasurer copies of all financial reports<br />

setting forth a statement of assets and liabilities and a<br />

statement of receipts and disbursements which are<br />

required by law. (See also Article X, Section 10.)<br />

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