Public-domain · open source
OpenJurist

qualified independent auditor

Defined in 1 dictionary — U.S. Code

United States Code

15 U.S.C. § 697E — in this section (4 versions over time)

For purposes of this paragraph, the term “qualified independent auditor” means any auditor who—

(i) is compensated by the qualified high loss reserve PCL;

(ii) is independent of such PCL; and

(iii) has been approved by the Administrator during the preceding year.