36 U.S.C. § 150909 — Statement required in audit report

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 41 words · no verdicts yet

in plain englishAI-generated · not legal advice

In its required audit report, the corporation must list every contract that requires payments over $10,000. It must also list every payment of compensation or fees paid at a rate above $10,000 a year.

This section adds a requirement to the corporation's audit report statement, which is already required under section 10101(b)(1)(B). That statement must include a schedule listing two things: every contract that requires payments greater than $10,000, and every payment of compensation or fees paid at a rate greater than $10,000 a year.

the actual law source: uscode.house.gov ↗public domain

The corporation shall include in the audit report statement required under section 10101(b)(1)(B) of this title a schedule of all contracts requiring payments greater than $10,000 and all payments of compensation or fees at a rate greater than $10,000 a year.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1397.)

history & why it existsrecord from the source credit

1998Enacted · Pub. L. 105-225 · 112 Stat. 1397

A history note hasn’t been published yet. The record shows enactment by Pub. L. 105-225 on 1998-08-12.

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