Annual Audit. USBFS agrees to an annual independent audit of its anti-money laundering program. Any recommendation resulting from such review will be promptly implemented or submitted to the Fund's Board of Directors for consideration.
Appears in 11 contracts
Samples: Transfer Agent and Shareholder Servicing Agreement (First American Strategy Funds Inc), Transfer Agent and Shareholder Servicing Agreement (First American Strategy Funds Inc), Transfer Agent and Shareholder Servicing Agreement (First American Funds Inc)
Annual Audit. USBFS agrees that it will submit to an annual independent audit of its anti-money laundering program. Any recommendation resulting from such review will be promptly implemented or submitted program and respond to the Fund's Board of Directors for considerationwith respect to each recommendation made pursuant to such audit.
Appears in 3 contracts
Samples: Administration Agreement (First American Investment Funds Inc), Administration Agreement (First American Funds Inc), Administration Agreement (First American Strategy Funds Inc)
Annual Audit. USBFS agrees to an annual independent audit of its anti-money laundering program. Any recommendation resulting from such review will be promptly implemented or submitted program and also agrees to respond to the Fund's Board of Directors for considerationwith respect to each recommendation made pursuant to such audit.
Appears in 3 contracts
Samples: Administration Agreement (First American Strategy Funds Inc), Agreement (First American Investment Funds Inc), Administration Agreement (First American Funds Inc)
