48 U.S.C. § 1631 — Establishment and maintenance; scope
submitted 72 years ago by ch. 558 to r/title-48-TERRITORIES-AND-INSULAR-POSSESSIONS · 118 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
The Governor shall establish and maintain systems of accounting and internal control designed to provide—
full disclosure of the financial results of the government’s activities;
adequate financial information needed for the government’s management purposes;
effective control over and accountability for all funds, property, and other assets for which the government is responsible, including appropriate internal audit; and
reliable accounting results to serve as the basis for preparation and support of the government’s request for the approval of the President or his designated representative for the obligation and expenditure of the internal revenue collections as provided in section 26, the Governor’s budget request to the legislature, and for controlling the execution of the said budget.
Source credit: (July 22, 1954, ch. 558, § 18, 68 Stat. 505.)
- 1954Enacted · Act of July 22, 1954, ch. 558 · 68 Stat. 505
A history note hasn’t been published yet. The record shows enactment by ch. 558 on 1954-07-22.
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