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31 CFR 50.80

§ 50.80 Audit authority.

United States · 31 CFR — Money and Finance: Treasury · Status: effective

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31 CFR 50.80, § 50.80 Audit authority, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/139176
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Full text

The Secretary of the Treasury, or an authorized representative, shall have, upon reasonable notice, access to all books, documents, papers and records of an insurer that are pertinent to amounts paid to the insurer as the Federal share of compensation for insured losses, or pertinent to any Federal terrorism policy surcharge that is imposed pursuant to subpart J of this part, for the purposes of investigation, confirmation, audit, and examination.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.