§ 1631. Establishment and maintenance; scope

398 words·~2 min read·/usc/title-48/section-1631

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The Governor shall establish and maintain systems of accounting and internal control designed to provide—

(a)full disclosure of the financial results of the government’s activities;

(b)adequate financial information needed for the government’s management purposes;

(c)effective control over and accountability for all funds, property, and other assets for which the government is responsible, including appropriate internal audit; and

(d)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.

(July 22, 1954, ch. 558, § 18, 68 Stat. 505.)

Connections2 cite this · traces to 2

Cited by 2 sections

U.S. Code

§ 1574
Legislative powers and activities

statutes-at-large

Public Law 106–84
To amend the Revised Organic Act of the Virgin Islands to provide for greater fiscal autonomy consistent with other United States jurisdictions, and for other purposes

Traces to 2 documents

U.S. Code

6 references not yet in our index

July 22, 1954, ch. 558, § 18
68 Stat. 505
act July 22, 1954, ch. 558
68 Stat. 497
Pub. L. 106–84, § 2
113 Stat. 1295

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cites case law

§ 1631

Establishment and maintenance; scope

Stat.×1

U.S.C.×1

U.S.C.§ 7652

U.S.C.§ 7852

ActJuly 22, 1954, ch. 558, § 18

Stat.68 Stat. 505

Actact July 22, 1954, ch. 558

Stat.68 Stat. 497

Pub. L.Pub. L. 106–84, § 2

Cites 8 · showing 7Cited by 2 across 2 sources