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Title 15 — Commerce and Trade

Chapter 2A — Securities and Trust Indentures

§ 77ff. Accounts and annual balance sheet of Corporation; audits

Statutory text

The board of directors shall cause accounts to be kept of all matters relating to or connected with the transactions and business of the Corporation, and cause a general account and balance sheet of the Corporation to be made out in each year, and cause all accounts to be audited by one or more auditors who shall examine the same and report thereon to the board of directors.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Pub. L. 73–38 · 48 Stat. 74

    Enacted · 15 U.S.C. § 77ff

    (May 27, 1933, ch. 38, title II, § 205, 48 Stat. 94.)

    Source evidence

    Code source credit
    (May 27, 1933, ch. 38, title II, § 205, 48 Stat. 94.)

0 of 1 references resolved to an enrolled provision · 1 partial

Credits

(May 27, 1933, ch. 38, title II, § 205, 48 Stat. 94.)

Parsed from the official OLRC USLM XML in data/usc_all/usc15.xml · release point 119-108 · OLRC build 2026-09-09

USLM identifier /us/usc/t15/s77ff