2021 US Code
Title 12 - Banks and Banking
Chapter 13 - National Housing
Subchapter V - Miscellaneous
Sec. 1735f-16 - Annual audited financial statements

Download PDF
Citation 12 U.S.C. § 1735f-16 (2021)
Section Name §1735f–16. Annual audited financial statements
Section Text

With respect to fiscal year 1989 and for every fiscal year thereafter, the Secretary shall make available to the public a financial statement of the insurance funds established under this chapter that will present their financial condition on a cash and accrual basis, consistent with generally accepted accounting principles. Each financial statement shall be audited by an independent accounting firm selected by the Secretary and the results of such audit shall be made available to the public.

Source Credit

(June 27, 1934, ch. 847, title V, §538, as added Pub. L. 101–235, title I, §131, Dec. 15, 1989, 103 Stat. 2026.)

Publication Title United States Code, 2018 Edition, Supplement 3, Title 12 - BANKS AND BANKING
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 12 - BANKS AND BANKING
CHAPTER 13 - NATIONAL HOUSING
SUBCHAPTER V - MISCELLANEOUS
Sec. 1735f-16 - Annual audited financial statements
Contains section 1735f-16
Date 2021
Laws In Effect As Of Date January 3, 2022
Positive Law No
Disposition standard
Statutes at Large References 103 Stat. 2026
Public Law References Public Law 101-235
Disclaimer: These codes may not be the most recent version. United States 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 state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.