15 U.S.C. § 9593 — Recordkeeping

FEDERAL · 15 U.S.C. · Chapter SUBCHAPTER VII—ADMINISTRATIVE POWERS OF THE AGENCY; MISCELLANEOUS PROVISIONS

Recordkeeping

15 U.S.C. § 9593

ChapterSUBCHAPTER VII—ADMINISTRATIVE POWERS OF THE AGENCY; MISCELLANEOUS PROVISIONS

This text of 15 U.S.C. § 9593 (Recordkeeping) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

15 U.S.C. § 9593.

Text

(a)In general Each recipient of assistance under this chapter shall keep such records as the Under Secretary shall prescribe, including records that fully disclose, with respect to the assistance received by the recipient under this chapter—

(1)the amount and nature of that assistance;

(2)the disposition by the recipient of the proceeds of that assistance;

(3)the total cost of the undertaking for which the assistance is given or used;

(4)the amount and nature of the portion of the cost of the undertaking described in paragraph (3) that is supplied by a source other than the Agency;

(5)the return on investment, as defined by the Under Secretary; and

(6)any other record that will facilitate an effective audit with respect to the assistance.

(b)Access by government officials The Under

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(a) In general
Each recipient of assistance under this chapter shall keep such records as the Under Secretary shall prescribe, including records that fully disclose, with respect to the assistance received by the recipient under this chapter—
(1) the amount and nature of that assistance;
(2) the disposition by the recipient of the proceeds of that assistance;
(3) the total cost of the undertaking for which the assistance is given or used;
(4) the amount and nature of the portion of the cost of the undertaking described in paragraph (3) that is supplied by a source other than the Agency;
(5) the return on investment, as defined by the Under Secretary; and
(6) any other record that will facilitate an effective audit with respect to the assistance.
(b) Access by government officials
The Under Secretary, the Inspector General of the Department of Commerce, and the Comptroller General of the United States, or any duly authorized representative of any such individual, shall have access, for the purpose of audit, investigation, and examination, to any book, document, paper, record, or other material of the Agency or an MBDA Business Center.

Source Credit

History

(Pub. L. 117–58, div. K, title VII, §100703, Nov. 15, 2021, 135 Stat. 1466.)

Editorial Notes

Editorial Notes

References in Text
This chapter, referred to in subsec. (a), was in the original "this division", meaning div. K of Pub. L. 117–58, Nov. 15, 2021, 135 Stat. 1445, which is classified principally to this chapter. For complete classification of division K to the Code, see Short Title note set out under section 9501 of this title and Tables.

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Bluebook (online)

15 U.S.C. § 9593, Counsel Stack Legal Research, https://law.counselstack.com/usc/15/9593.