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    (a)    The Commission shall adopt regulations to ensure that the Audit Committee operates independently from the management of the Commission.

    (b)    The Commission may:

        (1)    adopt rules of procedure; and

        (2)    delegate other appropriate functions to the Audit Committee.

    (c)    The regulations adopted under this section may provide for a reasonable stipend to compensate only the members of the Audit Committee who are not also commissioners.


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