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36 U.S.C. 20307: Nonapplication of audit requirementsText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 36-PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONSCHAPTER 203-AMERICAN ACADEMY OF ARTS AND LETTERS

§20307. Nonapplication of audit requirements

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

( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1287 .)

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

20307

(no source).

 

This section is added to except the American Academy of Arts and Letters from the application of section 10101 of the revised title, restating 36:1101–1103, which imposes audit requirements on certain federally chartered corporations. The Academy is not included in the list of corporations set out in 36:1101 to which the audit requirements apply.