StacksVerified U.S. federal law reference

36 U.S.C. § 300110 — Annual report and audit

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
  1. (a)Submission of ReportAs 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.
  2. (b)Auditing of Report and Submission to CongressThe Secretary shall audit the report and submit a copy of the audited report to Congress.
  3. (c)Payment of Audit ExpensesThe 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.