Nonpartisan civic infrastructure
AllCiv·Legis1
·

12 U.S.C. § 5496a

U.S. CodeFederal
Annual audits
About This Law
/us/usc/t12/s5496a
Title
12 — Banks and Banking
Chapter
CH53
Release
119-84
Release Date
2026-04-17

Section Text

Highlight any text to annotate
(a) Annual independent auditThe Bureau shall order an annual independent audit of the operations and budget of the Bureau. (b) Annual GAO auditThe Comptroller General of the United States shall conduct an annual audit of the Bureau’s financial statements in accordance with generally accepted government accounting standards. (Pub. L. 111–203, title X, § 1016A, as added Pub. L. 112–10, div. B, title V, § 1573(a), Apr. 15, 2011, 125 Stat. 138.) Statutory Notes and Related Subsidiaries Initial AuditsPub. L. 112–10, div. B, title V, § 1573(c), Apr. 15, 2011, 125 Stat. 139, provided that the initial audits under this section were to be completed not later than the end of the 180-day period beginning on Apr. 15, 2011.

Take Action

Your position
Add a comment
to comment on this section.
Annotate the text
Highlight any passage on the Full Text tab to attach a note. Annotations appear on the Annotations tab.