15 U.S.C. § 77ff : US Code - Section 77FF: Accounts and annual balance sheet of Corporation; audits

Search 15 U.S.C. § 77ff : US Code - Section 77FF: Accounts and annual balance sheet of Corporation; audits

The board of directors shall cause accounts to be kept of all
matters relating to or connected with the transactions and business
of the Corporation, and cause a general account and balance sheet
of the Corporation to be made out in each year, and cause all
accounts to be audited by one or more auditors who shall examine
the same and report thereon to the board of directors.