When establishing a file system, local sponsors should consider using two categories to set up their files, loan files, and project files. The loan files should contain documentation and information that relate to the overall funding and administration of your project. The project files should contain specific documentation and information pertaining to the MMSIRLF project and should be maintained for a minimum of five (5) years from loan closeout or for the period required as specified by governing regulations.
HB 1729 Section 23, 2016 Regular Session.
6 Miss. Code. R. 4-12.38