20 U.S.C. § 5607 : US Code - Section 5607: Expenditures and audit of Trust Fund

Search 20 U.S.C. § 5607 : US Code - Section 5607: Expenditures and audit of Trust Fund

(a) In general
The Foundation shall pay from the interest and earnings of the
Trust Fund such sums as the Board determines are necessary and
appropriate to enable the Foundation to carry out the provisions of
this chapter.
(b) Audit by Government Accountability Office
The activities of the Foundation and the Center under this
chapter may be audited by the Government Accountability Office
under such rules and regulations as may be prescribed by the
Comptroller General of the United States. Representatives of the
Government Accountability Office shall have access to all books,
accounts, records, reports filed and all other papers, things, or
property belonging to or in use by the Foundation and the Center,
pertaining to such federally assisted activities and necessary to
facilitate the audit.
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