36 U.S.C. § 21507 — Nonapplication of audit requirements

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 15 words · no verdicts yet

in plain englishAI-generated · not legal advice

The audit rules found in section 10101 of this title do not apply to this corporation. The corporation is exempt from that specific requirement.

This section is short and undivided. Normally, section 10101 of this title sets audit requirements that federally chartered corporations must follow. This section says that rule does not apply to this particular corporation — it is excused from section 10101's audit requirements. The text does not say what, if anything, applies in its place.

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

The audit requirements of section 10101 of this title do not apply to the corporation.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1296.)

history & why it existsrecord from the source credit

1998Enacted · Pub. L. 105-225 · 112 Stat. 1296

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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