2015 US Code
Title 10 - Armed Forces (Sections 101 - 18506)
Subtitle A - General Military Law (Sections 101 - 2926)
Part I - Organization and General Military Powers (Sections 101 - 498)
Chapter 21 - Department of Defense Intelligence Matters (Sections 421 - 437)
Subchapter II - Intelligence Commercial Activities (Sections 431 - 437)
Sec. 432 - Use, disposition, and auditing of funds

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 10 - ARMED FORCES
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 10 - ARMED FORCES
Subtitle A - General Military Law
PART I - ORGANIZATION AND GENERAL MILITARY POWERS
CHAPTER 21 - DEPARTMENT OF DEFENSE INTELLIGENCE MATTERS
SUBCHAPTER II - INTELLIGENCE COMMERCIAL ACTIVITIES
Sec. 432 - Use, disposition, and auditing of funds
Containssection 432
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawYes
Dispositionstandard
Source CreditAdded Pub. L. 102-88, title V, §504(a)(2), Aug. 14, 1991, 105 Stat. 438; amended Pub. L. 113-66, div. A, title IX, §921(a), Dec. 26, 2013, 127 Stat. 827.
Statutes at Large References105 Stat. 438
127 Stat. 827
Public and Private LawsPublic Law 102-88, Public Law 113-66

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10 U.S.C. § 432 (2015)
§432. Use, disposition, and auditing of funds

(a) Use of Funds.—Funds generated by a commercial activity authorized pursuant to this subchapter may be used to offset necessary and reasonable expenses arising from that activity. Use of such funds for that purpose shall be kept to the minimum necessary to conduct the activity concerned in a secure manner. Any funds generated by the activity in excess of those required for that purpose shall be deposited, as often as may be practicable, into the Treasury as miscellaneous receipts.

(b) Audits.—(1) The Secretary of Defense shall assign an organization within the Department of Defense to have auditing responsibility with respect to activities authorized under this subchapter.

(2) That organization shall audit the use and disposition of funds generated by any commercial activity authorized under this subchapter not less often than annually. The results of all such audits shall be promptly reported to the congressional defense committees and the congressional intelligence committees (as defined in section 437(c) of this title).

(Added Pub. L. 102–88, title V, §504(a)(2), Aug. 14, 1991, 105 Stat. 438; amended Pub. L. 113–66, div. A, title IX, §921(a), Dec. 26, 2013, 127 Stat. 827.)

AMENDMENTS

2013—Subsec. (b)(2). Pub. L. 113–66 substituted "the congressional defense committees and the congressional intelligence committees (as defined in section 437(c) of this title)." for "the intelligence committees (as defined in section 437(d) of this title)."

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