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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 1735f16 Annual audited financial statements us united_states_code code_section 12 BANKS AND BANKING 13 NATIONAL HOUSING 1735f16 12 U.S.C. § 1735f16 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s1735f16 data/legal/raw/us/code/title-12/usc12.xml bfb35bd4dc1094fe76d3a555695ab5afdbfc1dbe6ef03bc36626b3b1442a580e e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa b05e510f6115008a7b9384bc41b4942076198a700031211a0cfbd16a6e309eaa 2026-07-04 official
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12 U.S.C. § 1735f16 - Annual audited financial statements

Text

With respect to fiscal year 1989 and for every fiscal year thereafter, the Secretary shall make available to the public a financial statement of the insurance funds established under this chapter that will present their financial condition on a cash and accrual basis, consistent with generally accepted accounting principles. Each financial statement shall be audited by an independent accounting firm selected by the Secretary and the results of such audit shall be made available to the public.

(June 27, 1934, ch. 847, title V, § 538, as added Pub. L. 101235, title I, § 131, Dec. 15, 1989, 103 Stat. 2026.)