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16 U.S.C. § 583j-5 — Audits and report requirements

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(a) Audits For purposes of section 10101 of title 36 the Foundation shall be treated as a corporation in part B of subtitle II of title 36. (b) Annual reports The Foundation shall transmit each year to Congress a report of its proceedings and activities of the previous year, including a full and complete statement of its receipts, expenditures, and investments. ( Pub. L. 101–593, title IV, § 407 , Nov. 16, 1990 , 104 Stat. 2973 ; Pub. L. 114–54, title II, § 201(c)(2) , Sept. 30, 2015 , 129 Stat. 516 .) Editorial Notes Codification In subsec. (a), “ section 10101 of title 36 ” substituted for “the Act entitled ‘An Act for audit of accounts of private corporations established under Federal law,’ approved August 30, 1964 ( 36 U.S.C. 1101 through 1103; Public Law 88–504 )” and “a corporation in part B of subtitle II of title 36” substituted for “a private corporation established under Federal law” on authority of Pub. L. 105–225, § 5(b) , Aug. 12, 1998 , 112 Stat. 1499 , the first section of which enacted Title 36, Patriotic and National Observances, Ceremonies, and Organizations. Amendments 2015—Subsec. (b). Pub. L. 114–54 struck out comma after “The Foundation shall”.

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