USAP Audit definition

USAP Audit means an audit conducted according to the requirements and standards set forth in the Uniform Single Attestation Program promulgated by the Mortgage Bankers Association of America.
USAP Audit means an audit conducted according to the ---------- requirements and standards set forth in the Uniform Single Attestation Program promulgated by the Mortgage Bankers Association of America. Voting Stock: stock having ordinary voting power to elect a majority ------------ of the board of directors of the corporation in question, irrespective of whether or not at the time stock of any class or classes of such corporation shall have or might have voting power by reason of the happening of any contingency.