36 USC 40707: Nonapplication of audit requirements
Text contains those laws in effect on June 30, 2024
From Title 36-PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONSSubtitle II-Patriotic and National OrganizationsPart B-OrganizationsCHAPTER 407-CORPORATION FOR THE PROMOTION OF RIFLE PRACTICE AND FIREARMS SAFETYSUBCHAPTER I-CORPORATION
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§40707. Nonapplication of audit requirements
The audit requirements of section 10101 of this title do not apply to the corporation.
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| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 40707 | (no source). |
The section is added to except the Corporation for the Promotion of Rifle Practice and Firearms Safety from the application of section 10101 of the revised title, restating 36:1101–1103, which imposes audit requirements on certain federally chartered corporations. The corporation is not included in the list of corporations set out in 36:1101 to which the audit requirements apply.