Md. Code Regs. 14.26.01.13

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

Section 14.26.01.13 - Books and Records

A. Borrowers, recipients of credit enhancements, contractors, and subcontractors shall maintain books, accounts, and records, and shall file with the Administration financial and other reports, that the Administration may from time to time require.

B. The books, accounts, and records referenced in §A of this regulation, as well as the administrative personnel, whether full-time or part-time, shall be available for inspection by representatives of the Administration or other agencies of the State during reasonable working hours.

C. Books, accounts, and records of contractors and subcontractors shall be maintained and made available for inspection for 3 years past the date of termination of the contractual relationship between the contractor and the borrower.

Md. Code Regs. 14.26.01.13

Regulation .13A amended as an emergency provision effective 41:15 Md. R. 888, eff.7/1/2014
Regulations .13 amended effective 41:19 Md. R. 1082, eff.9/29/2014