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12 U.S.C. § 635a–7

Independent audit of bank portfolio

United States · Title 12 — BANKS AND BANKING · Status: effective

Banking, Finance & Insurance
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12 U.S.C. § 635a–7, Independent audit of bank portfolio, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437473
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The Inspector General of the Export-Import Bank of the United States shall conduct an audit or evaluation of the portfolio risk management procedures of the Bank, including a review of the implementation by the Bank of the duties assigned to the Chief Risk Officer under section 635a(l) of this title, as amended by section 51005. Not later than 1 year after December 4, 2015, and not less frequently than every 3 years thereafter, the Inspector General shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a written report containing all findings and determinations made in carrying out subsection (a).

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.