Pub. L. 75-896, tit. I, sec. 10 (as amended)
general provisions
general provisions
Sec. 10. [42 U.S.C. 1437h] (a) In the performance of, and with respect to, the functions, powers, and duties vested in him by this Act, 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, United States Code; and
(2) maintain an integral set of accounts which may be audited by the General Accounting Office as provided by chapter 91 of title 31, United States Code.
(b) All receipts and assets of the Secretary under this Act shall be available for the purposes of this Act until expended.
(c) 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 Act, and the Secretary may reimburse any such bank for its services in such manner as may be agreed upon.
- Cross-references to the US Code
- 42 U.S.C. 1437h
- Public laws referenced
- 108-271