§ 4708. Expenditures from fund

167 words·~1 min read·/usc/title-20/section-4708

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(a)In general The Secretary of the Treasury may pay to the Foundation from the interest and earnings of the fund such sums as the Board determines are necessary and appropriate to enable the Foundation to carry out the purposes of this chapter.

(b)Audits by GAO The activities of the Foundation under this chapter 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. Representatives of the Government Accountability Office shall have access to all books, accounts, records, reports, and files and all other papers, things, or property belonging to or in use by the Foundation pertaining to such activities and necessary to facilitate the audit.

(Pub. L. 99–661, div. A, title XIV, § 1409, Nov. 14, 1986, 100 Stat. 4011; Pub. L. 108–271, § 8(b), July 7, 2004, 118 Stat. 814.)

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Public Law 99–661
To authorize appropriations for fiscal year 1987 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe personnel strengths for such fiscal year for the Armed Forces, to improve the defense acquisition pro

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Pub. L. 99–661, div. A, title XIV, § 1409
100 Stat. 4011
Pub. L. 108–271, § 8(b)
118 Stat. 814
Pub. L. 108–271

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§ 4708

Expenditures from fund

Stat.×1

Pub. L.Pub. L. 99–661, div. A, title XIV, § 1409

Stat.100 Stat. 4011

Pub. L.Pub. L. 108–271, § 8(b)

Stat.118 Stat. 814

Pub. L.Pub. L. 108–271

Cites 5Cited by 1 across 1 source