12 USC § 3025 - Examination and audit

---
identifier: "/us/usc/t12/s3025"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 3025 - Examination and audit"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "3025"
section_name: "Examination and audit"
chapter_number: 31
chapter_name: "NATIONAL CONSUMER COOPERATIVE BANK"
subchapter_number: "I"
subchapter_name: "ESTABLISHMENT AND OPERATION"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 95–351, title I, § 115, Aug. 20, 1978, 92 Stat. 511; Pub. L. 97–35, title III, § 394(a)(1), Aug. 13, 1981, 95 Stat. 436; Pub. L. 108–271, § 8(b), July 7, 2004, 118 Stat. 814.)"
---


# § 3025. Examination and audit

The Farm Credit Administration and the Government Accountability Office are hereby authorized and directed to examine and audit the Bank. Reports regarding such examinations and audits shall be promptly forwarded to both Houses of the Congress. The Bank shall reimburse the Farm Credit Administration for the costs of any examination or audit conducted by the Farm Credit Administration.

---

**Source Credit**: (Pub. L. 95–351, title I, § 115, Aug. 20, 1978, 92 Stat. 511; Pub. L. 97–35, title III, § 394(a)(1), Aug. 13, 1981, 95 Stat. 436; Pub. L. 108–271, § 8(b), July 7, 2004, 118 Stat. 814.)

## Editorial Notes

### Amendments

2004— substituted “Government Accountability Office” for “General Accounting Office”.

1981— substituted provisions relating to examination and audit by the Farm Credit Administration and the General Accounting Office, for provisions relating to annual examinations and audits by an agency or instrumentality of the Federal Government designated by the President.

## Statutory Notes and Related Subsidiaries

### Effective Date of 1981 Amendment

> “The amendment made by paragraph (1) [amending this section] shall take effect on the day after the Final Government Equity Redemption Date [
> 
> ].”

, , , provided that: 
 For definition of “Final Government Equity Redemption Date”, see , set out as a note under .