Source: http://www.law.cornell.edu/uscode/text/20/1232f?quicktabs_8=3
Timestamp: 2013-12-13 20:01:59
Document Index: 213623318

Matched Legal Cases: ['§ 1232', 'art 4', '§ 1232', '§ 1232', '§ 443', '§ 437', '§ 1231', '§ 443', '§ 212', '§ 248', '§ 248']

20 USC § 1232f - Records | Title 20 - Education | U.S. Code | LII / Legal Information Institute
USC › Title 20 › Chapter 31 › Subchapter III › Part 4 › § 1232f	prevnext
20 USC § 1232f - Records
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.
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) of this section, 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.)
A prior section 443 ofPub. L. 90–247was classified to section 1233b of this title prior to repeal by Pub. L. 103–382.
1994—Subsec. (a). Pub. L. 103–382, § 248(1), substituted “grant, subgrant, cooperative agreement, loan, or other arrangement” for “grant, subgrant, contract, subcontract, loan, or other arrangement (other than procurement contracts awarded by an administrative head of an educational agency)”, inserted “financial or programmatic” before “audit.”, and substituted “three years” for “five years”.
Subsec. (b). Pub. L. 103–382, § 248(2), substituted “to any records maintained by a recipient that may be related, or pertinent to, grants, subgrants, cooperative agreements, loans, or other arrangements” for “to any records of a recipient which may be related, or pertinent to, the grants, subgrants, contracts, subcontracts, loans, or other arrangements”.
This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.34 CFR - Title 34—Education34 CFR 75 - DIRECT GRANT PROGRAMS34 CFR 298 - 34 CFR 628 - ENDOWMENT CHALLENGE GRANT PROGRAM34 CFR 674 - FEDERAL PERKINS LOAN PROGRAM34 CFR 675 - FEDERAL WORK-STUDY PROGRAMS34 CFR 676 - FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM34 CFR 690 - FEDERAL PELL GRANT PROGRAM