Us Code § 81p - Accounts and recordkeeping
Full text of Us Code United States Code § 81p — Accounts and recordkeeping, with citation guidance and answers to common questions.
§ 81p. Accounts and recordkeeping
(a) Manner of keeping accounts
The form and manner of keeping the accounts of each zone shall be prescribed by the Board.
(b) Annual report by grantee
Each grantee shall make to the Board annually, and at such other times as it may prescribe, reports on zone operations.
(c) Report to Congress
The Board shall make a report to Congress annually containing a summary of zone operations.
(June 18, 1934, ch. 590, §16, 48 Stat. 1002; Pub. L. 96–609, title II, §204, Dec. 28, 1980, 94 Stat. 3561; Pub. L. 99–386, title II, §203(b), Aug. 22, 1986, 100 Stat. 823.)
Editorial Notes
Amendments
1986—Subsec. (b). Pub. L. 99–386, §203(b)(1), substituted "reports on zone operations" for "reports containing a full statement of all the operations, receipts, and expenditures, and such other information as the Board may require".
Subsec. (c). Pub. L. 99–386, §203(b)(2), added subsec. (c) and struck out former subsec. (c) which required the Board to make an annual report to Congress containing a summary of the operation and fiscal condition of each zone, and transmit copies of the annual report of each grantee.
1980—Subsec. (c). Pub. L. 96–609 substituted "by April 1 of each year" for "on the first day of each regular session".
About This Section
19 U.S.C. § 81p is part of Title 19 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
This section may be cited in legal writing as 19 U.S.C. § 81p. For the most current official text, including any recent amendments, use the official source links below. Do not rely on this page as the sole authority for legal citation or litigation.
How to Read This Statute
Statutes are organized by title, chapter, section, and subsection. Pay attention to words like "shall," "may," "and," and "or," because they determine whether a requirement is mandatory or permissive and whether multiple conditions must all be met. Historical notes and amendments often appear at the end of a section.
Using This Page
This page is intended for research and educational use. Lawyers, students, journalists, and compliance professionals can use it as a starting point, but should always verify the current text through an official government source before relying on it for legal advice, filings, or compliance decisions.