qualified independent auditor
Defined in 1 place of the United States Code.
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.
Source
- 2014–present15 U.S.C. § 697ECommerce and Trade · Premier Certified Lenders Program · in this section
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.
(I) PCLP loan
Source
- 2004–201615 U.S.C. § 697ECommerce and Trade · Premier Certified Lenders Program · in this section