42 U.S.C. § 1437h : US Code - Section 1437H: Implementation of provisions by Secretary
Search 42 U.S.C. § 1437h : US Code - Section 1437H: Implementation of provisions by Secretary
(a) Preparation and submission of annual budget program;
maintenance of accounts; audit by Government Accountability
Office
In the performance of, and with respect to, the functions,
powers, and duties vested in him by this chapter, the Secretary,
notwithstanding the provisions of any other law, shall -
(1) prepare annually and submit a budget program as provided
for wholly owned Government corporations by chapter 91 of title
31; and
(2) maintain an integral set of accounts which may be audited
by the Government Accountability Office as provided by chapter 91
of title 31.
(b) Availability of receipts and assets
All receipts and assets of the Secretary under this chapter shall
be available for the purposes of this chapter until expended.
(c) Federal Reserve banks to act as depositories, custodians and
fiscal agents; reimbursement for services
The Federal Reserve banks are authorized and directed to act as
depositories, custodians, and fiscal agents for the Secretary in
the general exercise of his powers under this chapter, and the
Secretary may reimburse any such bank for its services in such
manner as may be agreed upon.
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