Md. Code Regs. 05.05.02.12

Current through Register Vol. 51, No. 24, December 2, 2024

Section 05.05.02.12 - Books and Accounts

Sponsors, contractors, and subcontractors shall:

A. Maintain such books, accounts, and records and file with the Administration such financial and other reports as the Administration may from time to time require;

B. Ensure all of these books, accounts, and records are open to the inspection of representatives of the Administration or other agencies of the State during reasonable working hours;

C. Maintain and make available for inspection for 7 years past the date of termination of the contractual relationship between:

(1) The sponsor and the Administration, all books, accounts, and records of the sponsor,

(2) The contractors, the subcontractors, and the sponsor, all books, accounts, and records of contractors and subcontractors.

Md. Code Regs. 05.05.02.12

Regulations .12 adopted effective March 9, 1979 (6:5 Md. R. 443); repealed effective October 11, 1982 (9:20 Md. R. 1981)
Regulations .12 adopted effective October 11, 1982 (9:20 Md. R. 1981)
Regulations .12 repealed effective July 30, 1984 (11:15 Md. R. 1329)
Regulations .12, Community Development Financing Program, repealed and new Regulations .12, Multi-Family Housing Revenue Bond Financing Program, adopted effective October 30, 1989 (16:21 Md. R. 2260)
Regulations .12 recodified effective April 12, 1993 (20:7 Md. R. 640)