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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 5496a Annual audits us united_states_code code_section 12 BANKS AND BANKING 53 WALL STREET REFORM AND CONSUMER PROTECTION 5496a 12 U.S.C. § 5496a current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s5496a data/legal/raw/us/code/title-12/usc12.xml 3cfad5d11647ed7b697c4eae5bca467f5246f6d6157fe66ddb061c8879f8499f e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 59394dfb134d244cfb4b08db49806c0355789689335f86acd5285114d252f35d 2026-07-04 official
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12 U.S.C. § 5496a - Annual audits

Text

(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 Bureaus financial statements in accordance with generally accepted government accounting standards.

(Pub. L. 111203, title X, § 1016A, as added Pub. L. 11210, div. B, title V, § 1573(a), Apr. 15, 2011, 125 Stat. 138.)

Notes

Statutory Notes and Related Subsidiaries

Initial AuditsPub. L. 11210, 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.