15 U.S.C. § 714k — Records; annual report
submitted 78 years ago by ch. 704 to r/title-15-COMMERCE-AND-TRADE · 111 words · no verdicts yet
This section sets rules about Records; annual report. It states the duties, powers, limits, or definitions described in the section.
The Corporation must at all times maintain complete and accurate books of account and must file annually with the Secretary of Agriculture a complete report as to the business of the Corporation, a copy of which must be forwarded by the Secretary of Agriculture to the President for transmission to the Congress. In addition to the annual report, the Corporation must submit to Congress on a quarterly basis an itemized report of all expenditures over $10,000 made under section 714c or 714i of this title during the period covered by the report, including expenditures in the form of allotments or fund transfers to other agencies and departments of the Federal Government.
The Corporation shall at all times maintain complete and accurate books of account and shall file annually with the Secretary of Agriculture a complete report as to the business of the Corporation, a copy of which shall be forwarded by the Secretary of Agriculture to the President for transmission to the Congress. In addition to the annual report, the Corporation shall submit to Congress on a quarterly basis an itemized report of all expenditures over $10,000 made under section 714c or 714i of this title during the period covered by the report, including expenditures in the form of allotments or fund transfers to other agencies and departments of the Federal Government.
Source credit: (June 29, 1948, ch. 704, § 13, 62 Stat. 1073; Pub. L. 104–127, title I, § 161(b)(3), Apr. 4, 1996, 110 Stat. 934.)
- 1948Enacted · Act of June 29, 1948, ch. 704 · 62 Stat. 1073
- 1996Amended · Pub. L. 104-127 · 110 Stat. 934
A history note hasn’t been published yet. The record shows enactment by ch. 704 on 1948-06-29.
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