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Code · U.S. Code · Title 20 - EDUCATION · CHAPTER 31— GENERAL PROVISIONS CONCERNING EDUCATION · SUBCHAPTER III— GENERAL REQUIREMENTS AND CONDITIONS CONCERNING OPERATION AND ADMINISTRATION OF EDUCATION PROGRAMS: GENERAL AUTHORITY OF SECRETARY · § 1232f

§ 1232f. Records

391 words·~2 min read·/usc/title-20/section-1232f

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(a)Records kept by recipient; full disclosure; maintenance period Each recipient of Federal funds under any applicable program through any grant, subgrant, cooperative agreement, loan, or other arrangement shall keep records which fully disclose the amount and disposition by the recipient of those funds, the total cost of the activity for which the funds are used, the share of that cost provided from other sources, and such other records as will facilitate an effective financial or programmatic audit. The recipient shall maintain such rec­ords for three years after the completion of the activity for which the funds are used.
(b)Audit examination The Secretary and the Comptroller General of the United States, or any of their duly authorized representatives, shall have access, for the purpose of audit examination, to any rec­ords maintained by a recipient that may be related, or pertinent to, grants, subgrants, cooperative agreements, loans, or other arrangements to which reference is made in subsection (a), or which may relate to the compliance of the recipient with any requirement of an applicable program.
(Pub. L. 90–247, title IV, § 443, formerly § 437, as added Pub. L. 95–561, title XII, § 1231(c), Nov. 1, 1978, 92 Stat. 2346; renumbered § 443 and amended Pub. L. 103–382, title II, §§ 212(b)(1), 248, Oct. 20, 1994, 108 Stat. 3913, 3924.)
Connections53 cite this · traces to 1
Cited by 53 sections · top 46
statute-compilations
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11 references not yet in our index
  • Pub. L. 90–247, title IV, § 443
  • Pub. L. 95–561, title XII, § 1231(c)
  • 92 Stat. 2346
  • Pub. L. 103–382, title II
  • 108 Stat. 3913
  • section 443 of Pub. L. 90–247
  • section 1233b of this title
  • Pub. L. 103–382
  • Pub. L. 103–382, § 248(1)
  • Pub. L. 103–382, § 248(2)
  • section 1261 of Pub. L. 95–561
Citation graph
cites case law
§ 1232f
Records
Fed. Reg.×20
Bills×17
Stat.×6
U.S.C.×5
C.F.R.×4
Stat. Comp.×1
Pub. L.Pub. L. 90–247, title IV, § 443
Pub. L.Pub. L. 95–561, title XII, § 1231(c)
Stat.92 Stat. 2346
Pub. L.Pub. L. 103–382, title II
Stat.108 Stat. 3913
Cites 12 · showing 6Cited by 53 across 6 sources
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