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Fabio 00a184bb3c Legal corpus: U.S. Code titles 1–11 from pinned OLRC XML (11,050 sections)
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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 09:52:37 -04:00

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LegalText 7 U.S.C. § 2009cc11 Examinations us united_states_code code_section 7 AGRICULTURE 50 AGRICULTURAL CREDIT 2009cc11 7 U.S.C. § 2009cc11 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc07@119-100.zip /us/usc/t7/s2009cc11 data/legal/raw/us/code/title-07/usc07.xml baa4b81f61cca9e0a60842314c9e78d50dceb5e0b569102a65ff912536710fb7 50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984 88fb448280aa581cb6163065b40ab48edbe09a3974ebdc45dee85c07ecc9c3d5 2026-07-04 official
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7 U.S.C. § 2009cc11 - Examinations

Text

(a) In general Each rural business investment company that participates in the program established under this subchapter shall be subject to examinations made at the direction of the Secretary in accordance with this section.

(b) Assistance of private sector entities An examination under this section may be conducted with the assistance of a private sector entity that has the qualifications and the expertise necessary to conduct such an examination.

(c) Costs (1) In general The Secretary may assess the cost of an examination under this section, including compensation of the examiners, against the rural business investment company examined.

(2) Payment Any rural business investment company against which the Secretary assesses costs under this paragraph shall pay the costs.

(d) Deposit of funds Funds collected under this section shall—

(1) be deposited in the account that incurred the costs for carrying out this section;

(2) be made available to the Secretary to carry out this section, without further appropriation; and

(3) remain available until expended.

(Pub. L. 87128, title III, § 384L, as added Pub. L. 107171, title VI, § 6029, May 13, 2002, 116 Stat. 399.)