12 CFR § 150.460 - Who may conduct an audit?

---
identifier: "/us/cfr/t12/s150.460"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 150.460 - Who may conduct an audit?"
title_number: 12
title_name: "Banks and Banking"
section_number: "150.460"
section_name: "Who may conduct an audit?"
chapter_name: "COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY"
part_number: "150"
part_name: "FIDUCIARY POWERS OF FEDERAL SAVINGS ASSOCIATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1462a, 1463, 1464, 5412(b)(2)(B)."
regulatory_source: "76 FR 49003, Aug. 9, 2011, unless otherwise noted."
cfr_part: "150"
---


# 150.460 Who may conduct an audit?

Internal auditors, external auditors, or other qualified persons who are responsible only to the board of directors, may conduct an audit.