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Federal law — U.S. Code and appendices · legal_authorities
The Board shall terminate October 1, 2028.
Source: Supplied U.S. Code snapshot — release unconfirmed · 2 U.S.C. § 808
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Stable record: federal_law:legal_authorities:record_usc_1db53b37ced59a8d75b5d740
Source file: Laws/federal/codes/united-states-code/title-2/section-808-termination--132878e2bd.md
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Source location: Title 2, Chapter 19, § 808; chapter-019-congressional-award-program.md
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Federal law — U.S. Code and appendices · legal_authorities
There is established a board to be known as the Congressional Award Board (hereinafter in this subchapter referred to as the “Board”), which shall be responsible for administering the Congressional Award Program described under [section 802 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section802&num=0&edition=prelim). The Board shall not be an agency or instrumentality of the United States, and the United States is not liable for any obligation or liability incurred by the Board.
Source: Supplied U.S. Code snapshot — release unconfirmed · 2 U.S.C. § 801
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Director; status; appointment and term; removal** In the administration of the Congressional Award Program, the Board shall be assisted by a Director, who shall be the principal executive of the program and who shall supervise the affairs of the Board. The Director shall be appointed by a majority vote of the Board, and shall serve for such term as the Board may determine. The Director may be removed by a majority vote of the Board. **(b) Functions of Director** The Director shall, in consultation with the Board— (1) formulate programs to carry out the policies of the Congressional Award Program; (2) establish such divisions within the Congressional Award Program as may be appropriate; and (3) employ and provide for the compensation of such personnel as may be necessary to carry out the Congressional Award Program, subject to such policies as the Board shall prescribe under its bylaws. **(c) Requirements regarding financial operations; noncompliance with requirements** (1) The Director shall, in consultation with the Board, ensure that appropriate policies and procedures for fiscal control and accounting are established for the financial operations of the Congressional Award Program, and that such operations are administered by personnel with expertise in accounting and financial management. Such personnel may be retained under contract. In carrying out this paragraph, the Director shall ensure that the liabilities of the Board do not in any fiscal year exceed the assets of the Board. (2) (A) The independent public accountant conducting the annual audit of the financial records of the Board pursuant to [section 807(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section807/a&num=0&edition=prelim) shall determine for
Source: Supplied U.S. Code snapshot — release unconfirmed · 2 U.S.C. § 804
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Federal law — U.S. Code and appendices · legal_authorities
Page 230 TITLE 2—THE CONGRESS § 807 § 807. Audits (a) Contracts with independent public account- ant The Board shall enter into a contract with an independent public accountant to conduct an annual audit in accordance with generally ac- cepted government auditing standards, of the fi- nancial records of the Board and of any corpora- tion established under section 806(i) of this title, and shall ensure that the independent public ac- countant has access for the purpose of the audit to any books, documents, papers, and records of the Board or such corporation (or any agent of the Board or such corporation) which the inde- pendent public accountant reasonably deter- mines to be pertinent to the Congressional Award Program. (b) Annual report to Congress on audit results Not later than May 15 of each calendar year, the Board shall submit to appropriate officers, committees, and subcommittees of Congress and to the Comptroller General of the United States a report on the results of the most recent audit conducted pursuant to this section, and shall in- clude in the report information on any such ad- ditional areas as the independent public ac- countant who conducted the audit determines deserve or require evaluation. (c) Review by the Comptroller General of annual audit (1) The Comptroller General of the United States shall review each annual audit conducted under subsection (a). (2) For purposes of a review under paragraph (1), the Comptroller General, or any duly au- thorized representative of the Comptroller Gen- eral, shall have access to any books, documents, papers, and records of the Board or such cor- poration, or any agent of the Board or such cor- poration, including the independent external auditor designated under subsection (a), which,
Source: Supplied 2024 U.S. Code historical extraction · 2 U.S.C. § 808
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