2011 US Code
Title 31 - Money and Finance
Subtitle I - GENERAL (§§ 101 - 903)
Chapter 5 - OFFICE OF MANAGEMENT AND BUDGET (§§ 501 - 522)
Subchapter I - ORGANIZATION (§§ 501 - 507)
Section 504 - Office of Federal Financial Management

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Metadata
Publication TitleUnited States Code, 2006 Edition, Supplement 5, Title 31 - MONEY AND FINANCE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 31 - MONEY AND FINANCE
SUBTITLE I - GENERAL
CHAPTER 5 - OFFICE OF MANAGEMENT AND BUDGET
SUBCHAPTER I - ORGANIZATION
Sec. 504 - Office of Federal Financial Management
Containssection 504
Date2011
Laws in Effect as of DateJanuary 3, 2012
Positive LawYes
Dispositionstandard
Source CreditAdded Pub. L. 101-576, title II, §203(a), Nov. 15, 1990, 104 Stat. 2841.
Statutes at Large Reference104 Stat. 2841
Public Law ReferencePublic Law 101-576

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31 USC § 504 (2011)
§504. Office of Federal Financial Management

(a) There is established in the Office of Management and Budget an office to be known as the “Office of Federal Financial Management”. The Office of Federal Financial Management, under the direction and control of the Deputy Director for Management of the Office of Management and Budget, shall carry out the financial management functions listed in section 503(a) of this title.

(b) There shall be at the head of the Office of Federal Financial Management a Controller, who shall be appointed by the President, by and with the advice and consent of the Senate. The Controller shall be appointed from among individuals who possess—

(1) demonstrated ability and practical experience in accounting, financial management, and financial systems; and

(2) extensive practical experience in financial management in large governmental or business entities.


(c) The Controller of the Office of Federal Financial Management shall be the deputy and principal advisor to the Deputy Director for Management in the performance by the Deputy Director for Management of functions described in section 503(a).

(Added Pub. L. 101–576, title II, §203(a), Nov. 15, 1990, 104 Stat. 2841.)

Prior Provisions

A prior section 504 was renumbered section 506 of this title.

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