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.
(
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 302910 | 16 U.S.C. 470e. |
|
The word "recipient" is substituted for "beneficiary" for clarity.