US CODE: Title 36,300110. Annual report and audit

TITLE 36 > Subtitle III > CHAPTER 3001 > § 300110

§ 300110. Annual report and audit

(a) Submission of Report.— As soon as practicable after July 1 of each year, the corporation shall submit a report to the Secretary of Defense on the activities of the corporation during the fiscal year ending June 30, including a complete, itemized report of all receipts and expenditures.

(b) Auditing of Report and Submission to Congress.— The Secretary shall audit the report and submit a copy of the audited report to Congress.

(c) Payment of Audit Expenses.— The corporation shall reimburse the Secretary each year for auditing its accounts. The amount paid shall be deposited in the Treasury of the United States as a miscellaneous receipt.

Notes
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