Which statement about code libraries is accurate?

You are required to check out the code from its owner.
There will be a due date for the code.
The code is written by someone other than the user.
A licensing fee must be paid.

The statement "The code is written by someone other than the user" is accurate. Code libraries are pre-written chunks of code that are created by developers other than the user. They are designed to be reusable and provide commonly needed functionalities to save time and effort in development.