Section 301.42. Recordkeeping

Latest version.

(a) Grant recipients shall keep and maintain financial records in accordance with generally accepted accounting practice so as to assure that the determination—that grant funds are being or have been used for the purpose and under the terms and conditions of the grant—can be readily made by the Council.
(b) Grantees shall keep sufficient records to make possible the ready determination that other than financial terms and conditions of the grant have been complied with by the grantee.

                    
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