12 U.S.C. · Banks and Banking
12 U.S.C. § 5496a

Annual audits

Ch. 53 — WALL STREET REFORM AND CONSUMER PROTECTION
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 53
Statutory Text

12 U.S.C. § 5496a — Annual audits

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 53 - WALL STREET REFORM AND CONSUMER PROTECTION SUBCHAPTER V - BUREAU OF CONSUMER FINANCIAL PROTECTION Part A - Bureau of Consumer Financial Protection Sec. 5496a - Annual audits From the U.S. Government Publishing Office, www.gpo.gov

§5496a. Annual audits

(a) Annual independent audit The Bureau shall order an annual independent audit of the operations and budget of the Bureau. (b) Annual GAO audit The 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 Audits Pub. 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.

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 12 U.S.C. § 5496a is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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