FEDERAL · 54 U.S.C. · Chapter 3029
Recordkeeping
Current through Pub. L. 119-102
A recipient of assistance under this division shall keep—
(1)such records as the Secretary shall prescribe, including records that fully disclose—
(A)the disposition by the recipient of the proceeds of the assistance;
(B)the total cost of the project or undertaking in connection with which the assistance is given or used; and
(C)the amount and nature of that portion of the cost of the project or undertaking supplied by other sources; and
(2)such other records as will facilitate an effective audit.
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Source Credit
History
(Pub. L. 113–287, §3, Dec. 19, 2014, 128 Stat. 3205.)
Editorial Notes
The word "recipient" is substituted for "beneficiary" for clarity.
Editorial Notes
Amendments
2016—Pub. L. 114–289, title VIII, §802(c)(2), Dec. 16, 2016, 130 Stat. 1495, substituted "Funding" for "Content" in item 303102.
Editorial Notes
Amendments
2016—Pub. L. 114–289, title VIII, §802(c)(2), Dec. 16, 2016, 130 Stat. 1495, substituted "Funding" for "Content" in item 303102.