Title 12 — Banks and Banking
Part A · Chapter 53 — Wall Street Reform and Consumer Protection
§ 5496a. Annual audits
Statutory text
Annual independent audit
The Bureau shall order an annual independent audit of the operations and budget of the Bureau.
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.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Dodd-Frank Wall Street Reform and Consumer Protection Act
Pub. L. 111–203 title X § 1016A · 124 Stat. 1376
Enacted · 12 U.S.C. § 5496a
(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.)
Source evidence
Code source credit
(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.)
0 of 1 references resolved to an enrolled provision · 1 partial
Statutory Notes and Related Subsidiaries
Initial Audits
Pub. L. 112–10, div. B, title V, § 1573(c), , 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 .
Credits
(Pub. L. 111–203, title X, § 1016A, as added Pub. L. 112–10, div. B, title V, § 1573(a), , 125 Stat. 138.)