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B-202472 1 (1981-03-25)

handle is hein.gao/gaobabjcx0001 and id is 1 raw text is: 
11j 63j/


COMPTROLLER GENERAL OF THE UNITED STATES
         WASHINGTON, D.C. 20545


March 25, 1981


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        &i re,,q~xta-3~ to ykcur 1etteor) d:atod eit~arcr 4,. 1931, 'oocerniny
tae vresidi-*vt's      p~~ roi. ,:l in~r th&i; orl-er  Ccm,)tral Act
tilt a  oL io   oZ4  fid rori'i   to ta Cor-joratio-, for Pub' ic
     r&izo .cr 4fCzti ~.Yczrs 19; .rd' LK3,:3 be rusi2
     aai~  F'. fe   t :o r .-)  . o i n Io o  (. t - ,e L   --i of A    Oi
  je    -o i3         --osa r and    w 2 itihovt rce';ard to0 tile n
      i.,o rt f~, IW~  zjr   d~ ny ba r to     ! ; s a ct i i tnx-
               wac:r:~       fi7-ocl yl~r tht.2n e'rcrtrlt1! 7 n Pt
    ~o~rQ3 :vtf unOk        -its  to the co :io ation ~' not t?>c


    not ~'rr~~a ;:ox~reciJ.iig a. or~iv:r, o  tnfe rl:FCz11 ye*;r 1 'Z2
.pr1&t a t   for t~h te43rpor.ctiow.



     Thle Corpo ztion tor lruolic Broadccstinc-w cas citatlis3he~l '-y
tit..e i.1 of ta~Pul.e~                      c of 1967, Pi*b. L. -1.
-The o,-res'et 1:finw  rinio      ware eta 1i he.- in ~rz t
to tlii2 Actopublic         roctir     inri:1Act tof i'975, Pub.


-financin,,7 1rvi9J.0n.  i-te pruvisin   gocrig the Cororation


       LreCorooratiton -was e:3taoli ;4ied as a tioa-prolit corporation
ianica is not ai:n asajcv or eteillilr'eat o~f the &nitell _-tateis Qo';-
   ,er ! r - t.3 1 Ji . ... _3 0()6    a;'irniz-g in 197.5,! oi~e  prov'ided

 rtii     in- the t'izcal y  .,r 1977  a ; prol~ritiono~ act ([un L'.

 t'-e principle of r:csJfun.3ji-v f~or tn:  Corporation in advance
 ciI an -ir In vh-icn th  - c2.ro'riation i,; to be spent Iny provid-
 inq, z.- 2-year aivaince  .3:r;-zain.Nlet Conr   ac nias continun~d
advnnce aj.-)r-.rai~ons for the C.orr)orut ion in sjbst.i erit aypro-

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