42 U.S.C. § 4526 — Audit by Government Accountability Office
submitted 56 years ago by Pub. L. 91-609 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 91 words · no verdicts yet
GAO may audit Federal-assistance recipients’ covered financial transactions and inspect necessary records and property.
For financial transactions connected with guarantees, loans, or grants under this part, the Government Accountability Office may audit recipients of Federal assistance under rules issued by the Comptroller General. GAO representatives must have access to the recipients’ books, accounts, records, reports, files, and other papers, things, or property that concern and are needed for the audit.
Insofar as they relate to any guarantees, loans, or grants made pursuant to this part, the financial transactions of recipients of Federal assistance may be audited by the Government Accountability Office under such rules and regulations as may be prescribed by the Comptroller General of the United States. The representatives of the Government Accountability Office shall have access to all books, accounts, records, reports, files and all other papers, things, or property belonging to or in use by such recipients pertaining to such financial transactions and necessary to facilitate the audit.
Source credit: (Pub. L. 91–609, title VII, § 725, Dec. 31, 1970, 84 Stat. 1801; Pub. L. 108–271, § 8(b), July 7, 2004, 118 Stat. 814.)
- 1970Enacted · Pub. L. 91-609 · 84 Stat. 1801
- 2004Amended · Pub. L. 108-271 · 118 Stat. 814
A history note hasn’t been published yet. The record shows enactment by Pub. L. 91-609 on 1970-12-31.
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