36 U.S.C. § 300110 — Annual report and audit
submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 121 words · no verdicts yet
After each fiscal year, the Red Cross must report its activities and finances to the Secretary of Defense. The Secretary audits that report and sends the audited version to Congress. The Red Cross must pay the Secretary back each year for the cost of the audit.
(a) Submission of Report. As soon as practical after the end of the corporation's fiscal year — which the board of governors can change from time to time — the corporation must submit a report to the Secretary of Defense. This report covers the corporation's activities during that fiscal year, including a complete, itemized account of all money received and spent.
(b) Auditing of Report and Submission to Congress. The Secretary audits this report, then sends a copy of the audited report to Congress.
(c) Payment of Audit Expenses. The corporation must reimburse the Secretary each year for the cost of auditing its accounts. That payment goes into the United States Treasury as a miscellaneous receipt.
As soon as practicable after the end of the corporation’s fiscal year, which may be changed from time to time by the board of governors, the corporation shall submit a report to the Secretary of Defense on the activities of the corporation during such fiscal year, including a complete, itemized report of all receipts and expenditures.
The Secretary shall audit the report and submit a copy of the audited report to Congress.
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.
Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1493; Pub. L. 110–26, § 10, May 11, 2007, 121 Stat. 109.)
- 1998Enacted · Pub. L. 105-225 · 112 Stat. 1493
- 2007Amended · Pub. L. 110-26 · 121 Stat. 109
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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