---
type: "LegalText"
title: "36 U.S.C. § 40707"
description: "Nonapplication of audit requirements"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 36
title_name: "PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS"
chapter_number: "407"
chapter_name: "CORPORATION FOR THE PROMOTION OF RIFLE PRACTICE AND FIREARMS SAFETY"
section: "40707"
citation: "36 U.S.C. § 40707"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc36@119-100.zip"
source_identifier: "/us/usc/t36/s40707"
source_file: "data/legal/raw/us/code/title-36/usc36.xml"
source_hash: "f1b84cb7b3fc2e8f02e312a3a2f69faf00f8244c536731e2f0198b127250797a"
raw_snapshot_hash: "d8bb3c94f12bbd56e49d7a2bc029b1f4ab0bb8b69327e9ddbdf94d7adcac580d"
text_hash: "ba9a7101109e2319fc4da70e9b518bac545d8a6ad5b0b8b084fb08b8b1962b7b"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---

# 36 U.S.C. § 40707 - Nonapplication of audit requirements

## Text

The audit requirements of section 10101 of this title do not apply to the corporation.

(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1337.)

## Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 40707(no source).  The section is added to except the Corporation for the Promotion of Rifle Practice and Firearms Safety from the application of section 10101 of the revised title, restating 36:1101–1103, which imposes audit requirements on certain federally chartered corporations. The corporation is not included in the list of corporations set out in 36:1101 to which the audit requirements apply.