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
Publication Title | United States Code, 2012 Edition, Supplement 3, Title 10 - ARMED FORCES |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 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 |
Contains | section 432 |
Date | 2015 |
Laws In Effect As Of Date | January 3, 2016 |
Positive Law | Yes |
Disposition | standard |
Source Credit | 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. |
Statutes at Large References | 105 Stat. 438 127 Stat. 827 |
Public and Private Laws | Public Law 102-88, Public Law 113-66 |
Download PDF
(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.)
AMENDMENTS2013—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)."
Disclaimer: These codes may not be the most recent version. The United States Government Printing Office may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the US site. Please check official sources.