private corporation act - 30 aug 1964

8/12/2019 Private Corporation Act - 30 Aug 1964

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78 S TAT. ] PUBLIC LAW 88-504-A UG . 30, 1964 635

Publ ic Law 88-504A N A C T A ugust 3 0, 1964

To prov ide for aud i t o f accounts o f p r iva te corpora t ions es tab l i shed under [H. R . 4223]F e d e r a l l a w

e it enacted hy the Senate and Ho use of Represen tatives of theUnited States of America in Congress asseTnhled. T h a t t h e t e r m ^ ^^^^^^^^ corpora- private corpo rat ions establ ished under Fe der al law as used in this Audit of accounts.A c t means the following o rganiza t ions

(1 ) A gr icu l tu ra l H a l l of Fam e .(2) A me rican Chemical Socie ty.(3) A merican His tor ica l A ssocia t ion .(4 ) T he A mer ican Leg ion.(5 ) T he A mer ican Na t iona l T hea te r and A cademy.(6) A merican S ociety of In te rna t io nal Law .(7 ) A mer ican S ymphony Orches t r a League .(8 ) A mer ican W ar Mothe r s .( 9) A M V E T S ( A m e r ic an Ve te r an s of Wo r l d W a r I I ) .(10) Belleau W ood M em orial A ssociat ion.(11) B ig Bro thers of A merica .(12) Bl inded Veteran s A ssocia t ion .(13) B lue S tar Mothers of A merica .(14) Board fo r Fundamenta l Educa t ion .(15) Boy S couts of A merica .(16) B oys ' Clubs of A merica .(17) Civil A ir Pa t ro l .(18) Conference of S tate S ocieties , W ash ing ton, D istr ict of

Columbia .

(19) T he Congressional M edal of H on or S ociety of the U nitedS ta te s o f A mer ica .^20) Da ugh ters of the A merican R evolut ion .(21) Disabled A merican Ve terans .(22) T he Fo und at ion of the Fed era l Bar A ssocia t ion .(23) Fu tu r e Fa rm ers o f A mer ica .(24) Gir l S couts of A merica .(25) G ran d A rm y of the Republ ic .^26) J ewish W ar Ve te rans , U .S .A . , Na t iona l Memor ia l, Inc .(27) Ladies of the G ran d A rm y of the Republ ic .^28) Legion of Valor of the U ni ted S ta tes of A merica , In corpo ra ted .f29) M ar ine Corp s League .(30) M il i tary C hap lains A ssociation of the Un ited S tates of

A m e r ic a .(31) M il i ta ry Ord er of the Pu rpl e He ar t of the U ni ted S ta tes of

A m e r ic a .(32) N ationa l A cade my of S ciences.(33) National Conference on Cit izenship.(34) Nat ional F un d for Medica l Educa t ion .(35) National Music Council .(36) Na t ional S afe ty Counci l.(37) Nat ional W om an 's Rel ief Corps , A uxi l ia ry to the Grand

A rm y of the Repub l ic .J 38) T he Nat ional Yeomen F .39) Nav al S ea Cad et Corps .[40) Na vy Club of the Un i ted S ta tes of A merica .[4 1 \ Re serv e Officers A ssoc iation.(42) S ons of the A merican Revolut ion .^43) S ons of Un ion Veterans of the Civil W ar ,(44) Uni t ed S pan i sh W ar Ve te rans .


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gress

636 PUB LIC LAW 88-504-A UG. 30, 1964 [78 S TAT.

(45) Un i t ed S ta t e s B l ind Ve te rans of W or ld W a r I .(46) Un i ted S ta tes Olym pic A ssocia t ion .(47) Veteran s of Fo re ign Wa rs of the U ni ted S ta tes .(48) V eterans of W orld W a r I of the Un i ted S ta tes of A merica .

Annual audit. gj,Q 2 . T he accounts of priv ate corpo rat ions establ ished und er F ed

eral law shal l be audited annually in accordance with general ly accepted audit ing standards by independent cert i f ied public accountantsor independent licensed public accountants, certified or licensed by areg ulato ry au tho ri ty of a S tat e or other pol i t ical subdivision of theU nite d S tates . T he aud its shal l be conducted at the place or placeswhe re the accounts of the corp orat ion s are norm ally kept . A ll books,accounts, financial records, reports, fi les, and all other papers, things,or property belonging to or in use by the corporat ions and necessaryto facilitate the audits shal l be made avai lable to the person or personsconducting the audits ; and ful l faci l i t ies for verifying transact ionswith the balances or securities held by depositories, fiscal agents, andcustodians shall be afforded to such person or persons.

^^^ * ^ SEC. 3 . T he rep ort of each such m dep ende nt aud it shal l be submitted to the Congress not later than six months following the close ofthe fiscal yea r for which the au dit was m ade. T he rep or t shal l setforth the scope of the audit and include such statements as are necessary to present fair ly the corporat ion 's assets and l iabi l i t ies , surplusor deficit with an analysis of the changes therein during the year,supplemented in reasonable detai l by a s tatement of the corporat ion 'sincome and expenses during the year including the resul ts of anyt rading , manufac tur ing , publ i sh ing , or o ther commercia l - type endeavor carr ied on by the corporat ion, together with the independentaud itor 's opinion of those s tatem ents . T he rep ort shal l not be prin ted

as a public document, except as part of proceedings authorized to bepr int ed un der th e A ct of M arch 2, 1931, cha pter 378, section 1, as77 S tat. 46$. amended.

SEC. 4 . T h e following provisions of law are hereby repealed:(1) T he w ords incl udin g a ful l , complete, and i temized repo rt

of receipts an d expe nditure s, of wh ateve r ki nd contained insection 8 of the A ct of Ju n e 15,1916 (39 S ta t . 229; 3 6 U . S . C . 2 8 ) ;

(2) T he w ords inclu ding a ful l , complete, and i temized repo rtof receipts an d exp enditu res of wh atever kin d contained in sect ion 7 of the A ct of Mar ch 16, 1950 (64 S tat . 24, as a m end ed;36 U . S . C . 3 7 ) ;

(3) T he w ord s inclu ding a ful l and comp lete rep ort of i tsreceipts and ex pen ditur es contained in section 9 of the A ct ofS eptem ber 16, 1919 (41 S tat . 285 ; 3 6 U . S . C . 4 9 ) ;

(4) T he wo rds inclu ding a ful l and complete rep ort of i tsreceipts and exp end iture s contained in section 8 of the A ct ofJ u l y 5 1935 (49 S ta t . 459 ) ;

(5) T he wo rds inc ludin g the fu l l and comple te s ta tement ofi ts receipts and exp end itures ' ' contained in section 4 of the A ct ofA ugu st 4 , 1937 (50 S ta t . 559; 36 U. S .C . 58 ) ;

(6) T he w ord s inclu ding the ful l an d complete s tatem ent ofi ts receipts and exp end iture s contained in sect ion 5 of the A ctof March 3 1923 (42 S ta t . 1441 ; 36 U . S .C . 65 ) ;

(7) S ect ion 14 of Pu bl ic La w 86-47 (73 S ta t . 79; 36 U .S .C .7 8 m ) ;

(8) T he words inclu ding a ful l an d com plete rep ort of i tsreceipts and expe nditu res contained in sect ion 9 of th e A ctof Ju ne 17 , 1932 (47 S ta t . 321, as am end ed; 36 U. S .C . 9 0 i ) ;

(9) T he wo rds incl udi ng a ful l and complete rep ort of i tsreceipts an d exp end iture s contained in sect ion 11 of th e A ctof Feb ru ary 24 , 1925 (43 S ta t . 968; 36 U. S .C . 10 1) ;

Repea l s .


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78 S TAT. ] PUB LIC LAW 88-504-A UG . 30, 1964 637

(10) T he wo rds inclu ding a ful l and complete rep ort of i tsreceipts an d exp end itures and the wo rd f inancial contained insection 8 of the A ct of M ay 28, 1936 (49 S tat . 1391; 3 6 U . S . C .118) ;

(11) T he words inc luding a fu ll and complete statement of i ts

receipts an d expen ditur es containe d in section 4 of the A ct ofJ u n e 6 1940 (54 S ta t . 233; 36 U. S .C . 140 c) ;(12) S ection 15 of th e A ct of Ju n e 30, 1950 (64 S tat . 315; 36

U . S . C . 2 3 5 ) ;(13) S ec tion 14 of the A ct of A ugu st 30,1950 (64 S ta t . 566; 36

U . S . C . 2 8 4 ) ;(14) T he wo rds includ ing the full and complete s tatemen t of

i ts receipts and expe nditu res contained in section 7 of the A ctof S eptem ber 20, 1950 (64 S tat . 869 ; 36 U .S .C . 31 7) ;

(15) S ect ion 9 of the A ct of S eptem ber 20, 1950 (64 S tat . 8 72;36 U.S .C . 349) ;

(16) T he wo rds inclu ding the ful l and complete s tateme nt ofi ts receipts an d exp end itures contained in section 12 of th e A ctof S eptember 2 1 , 1950 (64 S ta t . 902; 36 U. S .C . 38 2) ;

(17) S ect ion 16 of the A ct of A pr i l 3 , 1952 (66 S tat . 40; 36U . S . C . 4 1 6 ) ;

(18) S ect ion 14 of the A ct of A ugu st 13, 1953 (67 S tat . 56 5;36 U . S . C . 4 4 4 ) ;

(19) S ect ion 15 of the A ct of A ugu st 13,1953 (67 S ta t . 573; 36U . S . C . 4 7 5 ) ;

(20) S ection 14 of the A ct of Ju ly 19, 1954 (68 S tat . 49 1 ; 36U . S . C . 5 1 4 ) ;

(21) S ect ion 15 of the A ct of A ug us t 20, 1954 (68 S tat . 751

36 U. S .C . 545)(22) S ect ion 14 of the A ct of A ug us t 24, 1954 (68 S tat . 79936 U. S .C . 584)

(23) Sect ion36 U. S .C . 614)

(24) Section36 U. S .C . 644)

(25) Sect ion36 U .S .C . 674)

(26) S ect ion 14 of the A ct of A ug ust 6 1956 (70 S ta t . 1055; 36U . S . C . 7 0 4 ) ;

(27) S ect ion 15 of Pu blic La w 85-530 (72 S tat . 374; 3 6 U . S . C .775) ;

(28) S ect ion 14 of Pu blic La w 85-642 (72 S tat . 600; 36 U .S .C .804) ;

(29) S ect ion 14 of Pu blic Law 85-761 (72 S tat . 858; 36 U .S .C .834) ;

(30) S ect ion 14 of Public Law 85-769 (72 S tat . 926; 36 U .S .C .864) ;

(31) S ect ion 14 of Pu blic La w 85-870 (72 S tat . 1694; 36 JJ.S.C.894) ;

(32) S ect ion 13 of Public Law 85-903 (72 S tat . 1741; 36 U . S . C .923) ;

(33) S ection 14 of Pu bl ic Law 86-653 (74 S ta t . 518; 36 U. S .C .954) (34) S ect ion 14 of Pub lic L aw 86-680 (74 S tat . 576; 36 U .S .C .

984) ;

14 of the A ct of A ug us t 28, 1954 (68 S tat . 894

14 of the A ct lof A ug ust 4, 1955 (69 S tat . 489

14 of the A ct of A ug us t 1, 1956 (70 S tat . 796


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6 8 PUBLIC LAW 88-505-AUG . 30, 1964 [78 STAT.

(35) Section 15 of Pu blic La w 87-650 (76 S ta t . 505; 36 l^.S.C.1015) ;

(36) Sect ion 14 of Pub l ic La w 87-655 (76 St at . 533 ; 36 U .S.C .1054) ;

(37) Sect ion 14 of Publ ic Law 87-817 (76 Sta t . 93 3) ;(38) Th e w ords inc lud ing the ful l an d com plete s ta tem ents

of i ts rece ipts an d exp end itures ' con taine d in section 8 of the A ctof August 25, 1937 (50 Stat . 800).

Approved Augus t 30 , 1964 .

Publ ic Law 88-505A u g u s t 30, 1964

[H . R . 5543]

S t . UzabesthsH o s p i t a l , D . C .

Commitment ofp e r s o n s f r o mL o u d o u n C o u n t y,Va .

D . C . C o d e 3 2 -4 1 7 a

D C C o d e 3 2 -4 1 7 e

AN ACTTo exte nd th e pro vision s of th e Ac t of October 11, 1949 (63 Stat . 759, ch. 672 ;

32 D.C. Code 417), to authorize the commitment of persons of unsound mindfound on Federal reservations in Loudoun County, Virginia, to SaintElizabeths Hospital in the District of Columbia.

e it enacted hy the Senate and House o f Representatives of theUnited States of merica in Congress assemhlea T h a t section 1 ofth e A ct of Octob er 11 , 1949 (63 Sta t . 759 ; sec. 32-417, D .C . Co de ), isamended to read as fo l lows: T ha t any Uni te d S ta tes commiss ionerspecial ly designated for that purpose by the Uni ted S ta tes Dis t r ic tCour t fo r the Eas te rn Dis t r ic t o f Vi rg in ia o r by the Uni ted S ta tesDis t r ic t Cour t fo r the Dis t r ic t o f Mary land sha l l have ju r i sd ic t ionand au thor i ty to commit to Sa in t E l izabe ths Hospi ta l in the Dis t r ic tof Columbia, for observat ion and diagnosis , any person found in anyplace over which the United States has exclusive or concurrent jur is

d i c t i on i n Ar l i ng ton Coun ty, Fa i r f ax C o u n t j , Loudoun County, o rthe c i ty of Alexandria , in the State of Virginia , or in MontgomeryCounty or in Pr ince Georges County, in the S ta te o f Mary land , whois alleged, and is believed by the commissioner, to be of unsoundm ind. A ny U nite d Sta tes comm issioner special ly design ated fortha t purpose by the Uni ted S ta tes Dis t r ic t Cour t fo r the Dis t r ic t o fColumbia shal l have l ike jur isdict ion and authori ty in the case ofany person temporar i ly de ta ined in Sa in t E l izabe ths Hospi ta l ,pursuant to sect ion 2 hereof Any such commitment shal l be for aper iod no t exceeding th ir t y da ys and m ay be m ade only af ter ahear ing before the commissioner upon the tes t imony under oath ofat least two witnesses who shall testify as to their belief that the saidperson is of unso und m ind and , in add i t ion, upon th e tes t im onyunder oath or affidavit of two physicians, at least one of whom isski l led in the t reatment and diagnosis of nervous and mental disorde rs , wh o shal l tes t i fy or cer t i fy in wr i t in g th at they h av eexamined the said person al leged to be of unsound mind and bel ievesaid person to be of unsoun d m ind a nd no t f it to rem ain a t l iber tyand go unrestra ined, and that such person should be in custody in ahospi ta l for the t reatment of mental or nervous disorders for his ownsafety and welfare and for the preservat ion of the peace and goodorde r. I t shal l be the du ty of the hea d of th e agency of the Un i te dStates in control of the place where such person is apprehended to

for thwith not i fy the husband or wife or some near re la t ive or friendof the person so apprehended whose address may be known to saidagency head or whose address can by reasonable inquiry be ascert a ined by h im: Provided further That in the case of any persondescribe d in section 6, th e agen cy head sha ll no tify t he hea d of th edepar tment hav ing ju r i sd ic t ion over the se rv ice to which theindiv idua l belongs. T he agency of the U ni t ed Sta tes in control of

private corporation act - 30 aug 1964

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