Sec. 51003. REVIEW OF FRAUD CONTROLS
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## SEC. 51003 REVIEW OF FRAUD CONTROLS Section 17(b) of the Export-Import Bank Reauthorization Act of 2012 (12 U.S.C. 635a-6(b)) is amended to read as follows: > > ### “(b) Review of Fraud Controls > > Not later than 4 years after the date of the enactment of the Export-Import Bank Reform and Reauthorization Act of 2015, and every 4 years thereafter, the Comptroller General of the United States shall— > > > #### “(1) > > review the adequacy of the design and effectiveness of the controls used by the Export-Import Bank of the United States to prevent, detect, and investigate fraudulent applications for loans and guarantees and the compliance by the Bank with the controls, including by auditing a sample of Bank transactions; and > > > #### “(2) > > submit a written report regarding the findings of the review and providing such recommendations with respect to the controls described in paragraph
(1)as the Comptroller General deems appropriate to— > > > ##### “(A) > > the Committee on Banking, Housing, and Urban Affairs and the Committee on Appropriations of the Senate; and > > > ##### “(B) > > the Committee on Financial Services and the Committee on Appropriations of the House of Representatives.” > .
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Sec. 51003
REVIEW OF FRAUD CONTROLS
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