Source: http://www.law.cornell.edu/uscode/text/38/2054?quicktabs_8=4
Timestamp: 2013-05-25 17:55:07
Document Index: 790590284

Matched Legal Cases: ['§ 2054', '§ 2054', '§ 2054', '§ 601', '§ 3775', '§ 712', '§ 2054', '§ 5']

38 USC § 2054 - Audit | Title 38 - Veterans Benefits | U.S. Code | LII / Legal Information Institute
USC › Title 38 › Part II › Chapter 20 › Subchapter VI › § 2054	prevnext
38 USC § 2054 - Audit
During each of the first 3 years of operation of a multifamily transitional housing project with respect to which a loan is guaranteed under this subchapter, there shall be an annual, independent audit of such operation. Such audit shall include a detailed statement of the operations, activities, and accomplishments of such project during the year covered by such audit. The party responsible for obtaining such audit (and paying the costs therefor) shall be determined before the Secretary issues a guarantee under this subchapter.
After the first three years of operation of such a multifamily transitional housing project, the Secretary may provide for periodic audits of the project.
(Added Pub. L. 105–368, title VI, § 601(a),Nov. 11, 1998, 112 Stat. 3345, § 3775; amended Pub. L. 106–117, title VII, § 712,Nov. 30, 1999, 113 Stat. 1584; renumbered § 2054,Pub. L. 107–95, § 5(d)(1),Dec. 21, 2001, 115 Stat. 918.)
2001—Pub. L. 107–95renumbered section 3775 of this title as this section.
1999—Pub. L. 106–117designated existing provisions as subsec. (a) and added subsec. (b).