View all text of Subchapter VI [§ 3211 - § 3222]
§ 3218. Records and audits
(a) Recordkeeping and disclosure requirements
Each recipient of assistance under this chapter shall keep such records as the Secretary shall require, including records that fully disclose—
(1) the amount and the disposition by the recipient of the proceeds of the assistance;
(2) the total cost of the project in connection with which the assistance is given or used;
(3) the amount and nature of the portion of the cost of the project provided by other sources; and
(4) such other records as will facilitate an effective audit.
(b) Access to books for examination and audit
(Pub. L. 89–136, title VI, § 608, as added Pub. L. 105–393, title I, § 102(a), Nov. 13, 1998, 112 Stat. 3616.)