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CITE

    15 USC Sec. 77ff                                            01/05/2009

EXPCITE

    TITLE 15 - COMMERCE AND TRADE
    CHAPTER 2A - SECURITIES AND TRUST INDENTURES
    SUBCHAPTER II - FOREIGN SECURITIES

HEAD

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

STATUTE

      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.

SOURCE

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